By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN
SDNY COURTHOUSE, Dec 28 – Citibank was sued by one of its employees in Argentina, Alejandro de Nevares. Citibank then sued in the United States saying that a binding arbitration agreement prohibits the Argentine law suit.
On December 17, U.S. District Court for the Southern District of New York Judge Victor Marrero held a proceeding. Inner City Press covered it.
Judge Marrero ruled that Alejandro de Nevares is in contempt and that he must withdraw from the Request for Clarification and if not, be subject to a coercive fine of $10,000 a day, "and this amount shall increase by an increment of $5000 every three days until he brings himself into compliance with the TRO by withdrawing from the Request for Clarification."
On December 28 De Nevares' lawyer filed a three page letter with Judge Marrero, saying he withdrew the Request for Clarification in the Argentine court - but that the TRO should be dissolved, or PI granted so that it can be appealed. Watch this site.
The case is The branch of Citibank, N.A. established in the Republic of Argentina v. De Nevares, 21-cv-6125 (Marrero)
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