July 12, 2023
The Second Circuit on Wednesday ordered a lower court to toss a suit brought by the Argentina branch of Citibank against a former executive who obtained a $9.5 million judgment over his termination from the bank, finding the Argentine arm is not a legally distinct entity that can sue or be sued.
January 06, 2023
A former Citibank executive who won a $9.5 million judgment in his native Argentina over his termination from the bank is asking a Manhattan federal judge to blunt a decision forcing him to arbitrate a bid for that compensation, saying Citibank cannot initiate arbitration.
December 20, 2021
A former Citibank executive has been found in contempt for running afoul of a court order that blocks him from asking Argentine courts to enforce a $9.5 million judgment he obtained after being laid off from his New York job with the bank.
August 02, 2021
A former Citibank vice president and Argentine national has been temporarily barred from enforcing against the bank's Argentine unit a $9.5 million judgment he won following his 2007 layoff from the bank's New York office, after a judge ruled he would be unlikely to prove the two entities are legally the same.