$84M Award Winner Asks 9th Circ. To Affirm Collection Order

Law360, New York (January 2, 2018, 7:34 PM EST) -- A real estate investor looking to collect an $84 million arbitral award he won following a dispute over a soured investment urged the Ninth Circuit on Friday not to reverse an order requiring his former business partner to turn over assets held in a Liechtenstein trust, saying the order was a proper exercise of the court's authority.

Vitaly Ivanovich Smagin won the London Court of International Arbitration award against Ashot Yegiazaryan in November 2014 following a dispute that stemmed from their investment in a shopping mall...
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Case Title

Vitaly Smagin v. Ashot Yegiazaryan


Case Number

17-56467

Court

Appellate - 9th Circuit

Nature of Suit

3896 Other Statutes - Arbitration

Date Filed

September 26, 2017

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