(Photo: Adobe Stock) Singapore Plaintiff Fails to Collect Debt in Case Hinged on U.S. Garnishment Rules
The appeals court affirmed a trial court ruling the Singapore plaintiff could not meet its burden that the Saudi Arabian debtor had property in Texas the could be garnished to collect a $10 million debt.
October 23, 2024 at 02:48 PM
4 minute read
What You Need to Know
- A Singapore-based maritime construction contractor sued a Saudi company in Texas to collect a debt.
- The plaintiff also named Saudi Arabia's Riyad Bank as a defendant.
- The appeals court upheld the trial court ruling that Texas did not have jurisdiction because there was no property in the district that could be garnished.
A Singapore-based subsea diving contractor cannot collect a debt against a Saudi offshore oil and gas facilities support company in Texas, the U.S. Court of Appeals for the Fifth Circuit ruled.
Ultra Deep Picasso Pte. Ltd. of Singapore filed suit for breach of contract in the U.S. District Court for the Southern District of Texas in an attempt to collect an alleged debt of more than $10 million for services rendered on a marine construction project.
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