Electronic Trader Sues To Keep Access To Hibernia Cable

Law360, Washington (November 27, 2017, 9:02 PM EST) -- A company recently acquired by electronic trading firm Virtu Financial has filed suit in New York federal court to block telecom Hibernia from shutting off its access to a high-speed transatlantic cable it uses for its trading operations, accusing Hibernia of retaliation for an unrelated contract dispute.

Delaware-based Global Colocation Services LLC asked the court for a temporary restraining order and preliminary injunction that would ensure its access to the cable while the firms hash out the dispute in arbitration proceedings.

“Hibernia’s threats to shut off...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Global Colocation Services LLC v. Hibernia Express (Ireland) Limited


Case Number

1:17-cv-09027

Court

New York Southern

Nature of Suit

Other Statutes: Arbitration

Judge

William H. Pauley, III

Date Filed

November 17, 2017

Law Firms

Companies

Judge Analytics

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.