DAC v. Terra Stephanie Botros
- Edgardo Ramos
- 1:25-cv-07818
- U.S. District Court · Southern District of New York
- 1
In Prodigy Finance v. Botros, Judge Ramos granted Prodigy Finance’s request to proceed as a summary-judgment motion on its arbitration petition.
Prodigy Finance CM2021-2 DAC and Terra Stephanie Botros; the order governs the briefing schedule and procedure for Prodigy Finance’s petition to confirm a foreign arbitration award.
What happened
Prodigy Finance CM2021-2 DAC v. Terra Stephanie Botros concerns Prodigy Finance’s petition asking the court to confirm a foreign arbitration award.
Prodigy Finance filed the petition on September 19, 2025, and later asked the court to treat the petition and a forthcoming legal memorandum as a motion for summary judgment.
Judge Ramos granted that request and set deadlines for additional materials, Botros’s opposition, and Prodigy Finance’s reply. The order did not decide whether the arbitration award should be confirmed.
The detailed version
- DAC v. Terra Stephanie Botros · No. 1:25-cv-07818
- Edgardo Ramos
- Nov. 5, 2025
Background
Prodigy Finance CM2021-2 DAC filed a petition on September 19, 2025, asking the court to confirm a foreign arbitration award. On November 3, 2025, Prodigy Finance asked the court to treat its petition and a forthcoming memorandum of law as a motion for summary judgment.
Ruling
The court granted Prodigy Finance’s request. It explained that proceedings to confirm arbitration awards must be treated as similar to summary-judgment proceedings. The court ordered Prodigy Finance to file and serve any additional supporting materials by November 26, 2025. Terra Stephanie Botros’s opposition is due December 17, 2025, and Prodigy Finance’s reply, if any, is due December 29, 2025. Prodigy Finance was also directed to serve Botros with a copy of the order.
The order sets the procedure for considering the petition; it does not state whether the arbitration award will ultimately be confirmed.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.