Daebo International Shipping Co., Ltd. v. Americas Bulk Transport Ltd. et al

Defendant: Phoenix Bulk Carriers (BVI) LTD., Allseas Logistics Bermuda LTD., Bulk Ocean Shipping Company (Bermuda) Ltd., Americas Bulk Transport Ltd., Americas Bulk Transport (BVI) Ltd. and Phoenix Bulk Carriers (US) RI Corp
Plaintiff: Daebo International Shipping Co., Ltd.
Case Number: 1:2012cv07960
Filed: October 25, 2012
Court: New York Southern District Court
Office: Foley Square Office
County: XX Out of U.S.
Presiding Judge: Paul A. Engelmayer
Nature of Suit: Contract: Marine
Cause of Action: 28:1333 Admiralty
Jury Demanded By: None

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Date Filed#Document Text
May 17, 2013 20 Opinion or Order of the Court OPINION & ORDER: re: 10 MOTION to Dismiss. Daebo International Shipping Co., Ltd. (Daebo International) seeks a declaratory judgment that six entities, referred to herein as the Alter Ego Defendants, are the alter egos ofdefendant Americas Bulk Tra nsport Ltd. (ABT). In furtherance of its efforts to collect on an arbitral award against ABT that, it alleges, runs in its favor, Daebo International seeks to establish that the Alter Ego Defendants are co-liable with ABT. However, in a separate opin ion issued today in a related case, see No. 12 Civ. 4750 (PAE), Dkt. 51, this Court has declined toconfirm the arbitral award in Daebo Internationals favor, because that award issued in the name of a different, now-defunct entity, and this Court lack s the power to modify the award in the manner requested. Because that decision renders essentially useless, at least for the time being, the declaratory judgment sought by Daebo International in this action, the Court declines to enter a declaratory judgment in Daebo Internationals favor, and grants defendants motion to dismiss this case. This ruling is without prejudice to Daebo Internationals right to refile in the event that Daebo International obtains, through a proper forum, the relief it s ought in the related case. Defendants' motion to dismiss is granted, without prejudice to Daebo International's ability to refile this case in the event that it obtains confirmation of the Award in its favor. The Clerk of Court is directed to terminate the motion pending at docket number 10, and to close this case. SO ORDERED. (Signed by Judge Paul A. Engelmayer on 5/17/2013) (rsh)

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Defendant: Phoenix Bulk Carriers (BVI) LTD.
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Defendant: Allseas Logistics Bermuda LTD.
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Defendant: Bulk Ocean Shipping Company (Bermuda) Ltd.
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Defendant: Americas Bulk Transport Ltd.
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Defendant: Americas Bulk Transport (BVI) Ltd.
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Defendant: Phoenix Bulk Carriers (US) RI Corp
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Plaintiff: Daebo International Shipping Co., Ltd.
Represented By: Thomas Leonard Tisdale
Represented By: Lauren Cozzolino Davies
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