Laos Can't Enforce Asset Freeze In $3.7M Casino Award Fight

By Victoria McKenzie (July 21, 2021, 10:08 PM EDT) -- The government of Laos cannot go after Idaho lakefront properties in an attempt to collect a $3.7 million arbitration award, an Idaho federal court ruled, rejecting allegations that a U.S. debtor moved assets in an attempt to game the courts.

An arbitration judge who was tapped by the Idaho court denied the Southeast Asian nation's petition for a temporary restraining order Wednesday and vacated the court's prior order freezing the sale of the Idaho properties, explaining that Laos had entirely failed to meet the standard of review for an injunction.

In its petition in August 2020, Laos accused Idaho businessman John...

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