October 28, 2025
Heavy lifting and transport company Mammoet Salvage BV won approval on Tuesday from a New York federal judge to subpoena several banks as it seeks information on assets belonging to Iraqi state-owned Basra Oil Co., part of its efforts to enforce an arbitral award now worth some $67 million.
May 11, 2023
Iraqi state-owned Basra Oil Co. is urging a New York federal court to deny a Dutch company's push to subpoena banks for information to enforce an $85 million arbitration award against Basra, saying Wednesday it is still challenging the award and calling the request a "premature fishing expedition."
March 23, 2023
A Dutch heavy lifting and transport company wants to subpoena a host of New York-based banks as it chases down an $85 million arbitration award against an Iraqi state-owned oil company, urging a New York federal judge to authorize the discovery for use in pending foreign arbitration enforcement cases.