Hitachi Construction Machinery Co., Ltd. v. Weld Holdco, LLC et al

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Case Number:

1:23-cv-00490

Court:

New York Southern

Nature of Suit:

Contract: Other

Judge:

Naomi Reice Buchwald

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  1. December 07, 2023

    Hitachi Must Arbitrate Transfer Claims In $384M Award Fight

    A New York federal judge Wednesday ordered a Hitachi unit to arbitrate its claim accusing the founder of construction equipment rental company Acme Business Holdco LLC of fraudulently transferring away some $57 million, as the pair battle over $384 million in outstanding loans.

  2. July 10, 2023

    Construction Co. Wants $384M Hitachi Feud Arbitrated

    The founder of a construction equipment rental company urged a New York federal judge to force a Hitachi subsidiary to arbitrate its $384 million lawsuit accusing the rental company, Acme Business Holdco LLC, of defaulting on loans it guaranteed.