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Laos Wants Assets Frozen In $3.7M Casino Award Fight
Law360 (May 25, 2021, 8:40 PM EDT) Laos has asked an Idaho federal court to stop a businessman from trying to place assets, including lakefront property near the posh Coeur d Alene resort, outside the reach of the court as the country seeks to enforce $3.7 million of arbitral awards related to a soured casino venture against him.
The Lao People s Democratic Republic told the court in a Friday motion for a temporary restraining order and preliminary injunction that it recently learned one of the firms in businessman John K. Baldwin and Bridge Capital LLC s worldwide web of alter ego companies, Campbell Holdings LLC, hid a loan of $5.52.
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Businessman Says Laos Can t Sue In Idaho For $3.7M Awards
Law360 (May 5, 2021, 10:34 PM EDT) A businessman has asked an Idaho federal court to nix Laos attempt to enforce arbitral awards totaling $3.7 million related to a soured casino venture, arguing that neither he nor an associated business owns tangible property in the state and that their alleged contacts with the state don t support its jurisdiction.
John K. Baldwin and Bridge Capital LLC told the court Tuesday that any contact that they do have with the Gem State has nothing to do with the Lao People s Democratic Republic s enforcement action.
Lead School gets $30 mn funding from GSV Ventures, WestBridge dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
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