Shareholder Tells 2nd Circuit Gabon Account Freeze Order In Pipeline Dispute Was Proper

( December 11, 2023, 1:12 PM EST) -- NEW YORK — An investor in a Cameroonian pipeline company currently arbitrating a shareholder dispute tells the Second Circuit U.S. Court of Appeals in an appellee brief that a federal judge correctly ordered two Citibank entities to comply with an emergency arbitrator’s order that they compel a Gabonese affiliate to freeze the pipeline company’s $151 million account, writing that the court did not err or abuse its discretion....

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