Commodities & Minerals Enterprise Ltd. v. CVG Ferrominera Orinoco, C.A.

Filing 122

OPINION AND ORDER re: 110 MOTION Lift the Stay and Transfer Funds into Escrow Pursuant to a Judgment of a United States District Court . filed by Commodities & Minerals Enterprise Ltd. Plaintiff, Commodities & Minerals Enterpris e Ltd. ("Plaintiff" or "CME") brings this action against Defendant, CVG Ferrominera Orinoco, C.A. ("Defendant" or "FMO") alleging breach of contract. Before the Court is Plaintiff's motion to lift the st ay and transfer funds into escrow pursuant to a judgment of a United States District Court. After careful consideration, Plaintiff's motion is hereby GRANTED. For the reasons set forth by the Court, CME's motion pursuant to Fed. R. Civ. P. 69 and N.Y.C.P.L.R. § 5225(b) and to vacate the stay in this action is GRANTED. (Signed by Judge Andrew L. Carter, Jr on 9/18/2019) (rj) Transmission to Orders and Judgments Clerk for processing.

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