| Mexico Telecom Project
Financial Advisor Spat Gives Rise To Discovery
Quashing in SDNY
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
Sept 14 – New
York Bay Capital LLC had a
deal to provide financial
advisory services to Cobalt
Holdings to build a
telecommunication project in
Mexico stretching from Tulum
to Cancun, "known as the
Riviera Maya."
Then Cobalt took
up with other investment
banks. NY Bay sued.
On
September 14 U.S. District
Court for the Southern
District of New York Judge
Gregory H. Woods held a
proceeding. Inner City Press
covered it.
Cobalt's
lawyer accused New York Bay of
"conspiracy theories." Then
talk turned to whether or not
to quash particular discovery
requests.
The case is New
York Bay Capital, LLC, v.
Cobalt Holdings, Inc.,
19-cv-3618 (Woods)
***
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