Judge: Alter Egos May Be Liable For $48M Award In Brazilian Pig Iron Dispute

Mealey's (January 17, 2023, 1:54 PM EST) -- NEW YORK — A New York federal judge on Jan. 13 denied summary judgment on five Brazilian entities’ claim for enforcement of an International Chamber of Commerce (ICC) arbitral award worth more than $48 million against several companies tied to the liquidated Swiss award-debtor, finding based on the record that a reasonable jury could conclude they are alter egos of the award-debtor....