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Daily Archives: Sunday, July 7, 2019

Posted: July 7, 2019

Court Grants Specific Performance of Contract Because of Difficulty in Enforcing Judgment on Defendants’ Foreign Assets

On June 19, 2019, Justice Sherwood of the New York County Commercial Division issued a decision in Crede CG III, Ltd. v. Tanzanian Gold Corp., 2019 NY Slip Op 31763(U), granting specific performance of a contract because of the difficulty of enforcing a money judgment on the foreign defendant’s assets, explaining: The party seeking specific... Read more »