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VGA INV., INC. v. MITTAL STEEL USA, INC.

No. 602294/07.

2008 NY Slip Op 33581 (U)

VGA INVESTMENTS, INC. Plaintiff, v. MITTAL STEEL USA, INC., Defendant. and MLTTAL STEEL USA, INC., ARCELOR MITTAL MEXICO HOLDINGS B.V., MITTAL STEEL COMPANY N.V. and ARCELOR NETHERLANDS B.V. Counterclaim Plaintiffs, v. VIGA INVESTMENTS, INC., SIDERURGICA DEL PACIFICO, S.A. DE C.V., and CONJUNCTO SIDERURGICO DEL BALSAS, S.A. DE C.V., Counterclaim Defendants, and UBS AG, Nominal Counterclaim Defendant.

Supreme Court, New York County.

February 13, 2008.

HELEN E. FREEDMAN, Judge.

On December 19, 2006, related Mittal steel companies, one in the United States and one in Mexico, entered into two stock purchase agreements, whereby Mittal purchased the stock of other companies that were also related to each other. One agreement is known as the Border Steel Agreement and the second is known as the Sicartsa Agreement. The action brought here is based on a dispute under the Border Steel Agreement whereby Mittal Steel USA...

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