Energy Co. Seeks Help From NY Court In Australia Arbitration
Law360, New York (April 19, 2017, 5:10 PM EDT) -- A Florida-based power-generating company has initiated an arbitration against Australia over the alleged improper taking of its interest in a power facility, according to documents filed in New York federal court Tuesday, and it's asking for assistance in obtaining certain relevant evidence.
APR Energy Holdings Ltd. sought permission from the court to serve a subpoena on Australia and New Zealand Banking Group Ltd. to produce certain documents it says will show that the bank wrongfully seized a power generation facility that had been leased to a third party that had obtained a loan from the bank and later became insolvent....
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