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IN RE KARAHA BODAS v. PERUSAHAAN PERTAMBANGAN MINYAK DAN GAS BUMI NEGARA

No. 21-MC-00098 (TPG).

465 F.Supp.2d 283 (2006)

In the Matter of An ARBITRATION BETWEEN KARAHA BODAS COMPANY, L.L.C, Petitioner, v. PERUSAHAAN PERTAMBANGAN MINYAK DAN GAS BUMI NEGARA ("PERTAMINA"), Respondent.

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

December 8, 2006.

Attorney(s) appearing for the Case

Christopher F. Dugan, Paul, Hastings, Janofsky & Walker LLP, Washington, DC, for Petitioner.

Henry Weisburg, Shearman & Sterling LLP, New York City, for Respondent.

OPINION

GRIESA, District Judge.

Karaha Bodas Company ("KBC") moves for an order prohibiting Pertamina from engaging in certain legal proceedings in the Cayman Islands and from initiating similar proceedings in other jurisdictions. The motion is granted. In addition, the Court will enter a declaratory judgment based on certain conclusions reached in this opinion.

Facts

The Arbitral Award

In 1994 KBC, a Cayman Islands...

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