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You are here: Home Archive 2010 April Weekly Edition 1st April 2010 Rule B revival is rejected

Rule B revival is rejected

by Rajesh Joshi, New York last modified Apr 14, 2010 04:02 PM

AN ATTEMPT to restore the use of Rule B to attach electronic funds transfers (EFTs) associated with alleged defaulters as they passed through New York has failed to win the favour of the US Supreme Court.

The court denied a writ of certiorari brought by Shipping Corporation of India, which had asked it to hear an appeal against an October 2009 decision by the US Court of Appeals in Shipping Corporation of India vs Jaldhi Overseas,...

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