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CBF INDÚSTRIA DE GUSA S/A v. AMCI HOLDINGS, INC.

13-cv-2581 (PKC) (JLC).

650 F.Supp.3d 228 (2023)

CBF INDÚSTRIA DE GUSA S/A, Da Terra Siderúrgica Ltda, Fergumar — Ferro Gusa Do Maranhão Ltda, Ferguminas Siderúrgica Ltda, Gusa Nordeste S/A, Sidepar — Siderúrgica Do Pará S/A and Siderúrgica União S/A, Plaintiffs, v. AMCI HOLDINGS, INC., American Metals & Coal International, Inc., Prime Carbon Gmbh, Primetrade, Inc. and Hans Mende, Defendants.

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

Signed January 13, 2023.

Attorney(s) appearing for the Case

Adam K. Grant, Gregory Robert Bruno, Pro Hac Vice, Elizabeth J. Sher, Day Pitney, L.L.P., New York, NY, Christopher A. Klimmek, Day Pitney LLP, Hartford, CT, Jonathan Seth Zelig, Day Pitney LLP, Boston, MA, Naju Lathia, Day Pitney, L.L.P., Parsippany, NJ, for Plaintiffs.

Stuart P. Slotnick, Buchanan Ingersoll & Rooney PC, New York, NY, Rishi Bhandari, New York, NY, Robert Allen Glunt, Mandel Bhandari LLP, New York, NY, Alexandra West, Pro Hac Vice, Daniel C. Garfinkel, Jordan Webster, Kevin Patrick Lucas, Pro Hac Vice, Stanley Joel Parker, Bruce Americus, Pro Hac Vice, Buchanan Ingersoll & Rooney PC, Pittsburgh, PA, for Defendants.

OPINION AND ORDER

This saga has its origins in ten contracts for the sale of more than 100 metric tons of pig iron by five Brazilian entities (collectively referred to as "CBF")1 to Steel Base Trade AG ("SBT"). When market prices collapsed, CBF was left with an unpaid balance...

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