| Citibank for
Trial on Colombian Hedging Scam Gets In
Internal Audit & Dolly of Bottled
Water
By Matthew
Russell Lee, Patreon Maxwell
Book
BBC -
Honduras
- CIA
Trial Book - NY
Mag
SDNY COURTHOUSE,
August 19 –
Colombian sugar producer
Mayaguez sued Citibank for
ripping it off on hedging
transactions. Now the case is
coming to trial, albeit a
bench trial.
On August
19, 2022 U.S. District Court
for the Southern District of
New York Judge Paul G.
Gardephe held an in-person
final pre-trial conference
with a dozen lawyers, most of
them for Citibank. Inner City
Press went and covered
it.
The plaintiff is
represented by Quinn
Emanuel, which made a
point that they had tried to
bring a few lawyers as
possible. The Citigroup team
from Shearman & Sterling
took up half of the gallery
(the rest was empty, other
than Inner City Press).
In
preparation for the bench
trial, Team Citibank sought
and obtained an order to allow
them to bring in trial
supplies, small dolly, sealed
water bottles to and from the
courtroom. There is a separate
order for technological
equipment.
Mayaguez
filed a motion in limine to
exclude evidence about an
internal audit. But it being a
bench trial, the potential for
prejudice is small. Judge
Gardephe let it in.
The case is
Mayaguez S.A. v. Citigroup
Inc. et al., 16-cv-6788
(Gardephe)
***
Your support means a lot. As little as $5 a
month helps keep us going and grants you
access to exclusive bonus material on our
Patreon page. Click
here to become a patron.
Feedback:
Editorial [at] innercitypress.com
SDNY Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA
Mail: Box 20047, Dag
Hammarskjold Station NY NY 10017
Reporter's mobile (and weekends):
718-716-3540
Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.
Copyright 2006-2022 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com
|
,
