Sunday, December 26, 2021

Citigroup Is Sued By Former Banamex Staffer But Says He Can Only Arbitrate Now Gets PI

 

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, Dec 22 – Citigroup was sued in Mexico by a former Bananex employee Luis Sebastian Sayeg Seade. Citigroup responds, as it does when sued nearly anywhere in the world, that arbitration is mandatory.     

          On December 17, U.S. District Court for the Southern District of New York  Judge John P. Cronan held a proceeding. Inner City Press covered it.  

Citibank wanted a TRO to force Seyag to drop litigation in Mexico and arbitrate in AAA Case No 01-21-0017-7441.

Judge Cronan listened than agreed to issue the TRO. Sayeg was directed to show cause by December 22 why a preliminary injunction should not issue.

On December 22 Judge Cronan held another call, and Inner City Press again called in. Sageg did not - at least, he did not identifying himself. There was ex parte talk about a security guard in Mexico having refused service. Judge Cronan agreed to issue the Preliminary Injunction.  Next steps, it seems, may include ordering Seyeg to arbitrate.

The case is Citigroup Inc. v. Seade, 21-cv-10413 (Crona 

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