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STOLT TANKERS B.V. v. GEONET ETHANOL, LLC

No. 08 Civ. 4382(SAS).

591 F.Supp.2d 612 (2008)

STOLT TANKERS B.V. (f/k/a Stolt-Nielsen Transportation Group B.V.), Plaintiff, v. GEONET ETHANOL, LLC, Defendant.

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

November 6, 2008.

Attorney(s) appearing for the Case

Don P. Murnane, Jr., Esq., Manuel A. Molina, Esq., Freehill, Hogan & Mahar LLP, New York, NY, for Plaintiff.

Ted G. Semaya, Esq., Alan Van Praag, Esq., Joseph T. Johnson, Esq., Eaton & Van Winkle LLP, New York, NY, for Defendant.

OPINION AND ORDER

SHIRA A. SCHEINDLIN, District Judge.

I. INTRODUCTION

On May 13, 2008, this Court granted an order attaching the assets of Geonet Ethanol, LLC ("Geonet"). Geonet now moves to vacate that attachment. For the following reasons, Geonet's motion to vacate the attachment is denied.

II. BACKGROUND

A. The Contract of Affreightment

On June 1, 2007, Stolt Tankers B.V. ("Stolt"), a foreign business entity...

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