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LAIF X SPRL v. AXTEL, S.A. DE C.V.

No. 04 CIV. 1290(JSR).

310 F.Supp.2d 578 (2004)

LAIF X SPRL, Petitioner. v. AXTEL, S.A. DE C.V., Telinor Telefonia, S. De R.L. De C.V., Blackstone Capital Partners III Merchant Banking Fund, L.P., Blackstone Offshore Capital Partners III, L.P., And Blackstone Family Investment Partnership III, L.P., Respondents.

United States District Court, S.D. New York.

March 16, 2004.

Attorney(s) appearing for the Case

Robert T. Greig, Cleary, Gottlieb, Steen & Hamilton, New York City, for Petitioner.

Dana H. Freyer, Marco E. Schnabi, Skadden, Arps, Slate, Meagher & Flom, L.L.P., Michael Sangyun Kim, Kobre & Kim, L.L.P., Robert I. Bodian, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., New York City, for Respondents.

MEMORANDUM ORDER

RAKOFF, District Judge.

The instant proceedings derive from a litigious battle over control of a Mexican communications company. Petitioner Laif X Sprl ("Laif X") is a Belgian investment company. Respondents are, respectively, Axtel S.A. de C.V. ("Axtel"), a highly-regulated Mexican telecommunications company created in 1997; Telinor S. de R.L. de C.V. ("Telinor"), a Mexican limited liability partnership that owns about 58% of Axtel...

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