Daebo International Shipping Co., Ltd. v. Americas Bulk Transport Ltd. et al
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|Date Filed||#||Document Text|
|May 17, 2013
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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