(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.
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