Cotemar has asked the New York State Supreme Court for an attachment covering up to $59.4 million in assets belonging to ABSG Consulting, adding a new step to its effort to enforce a Mexican court judgment in the United States.
The Mexican offshore services company is also seeking a temporary restraining order concerning transfers of ABSG Consulting assets held by third parties while the attachment application is considered. Cotemar has further requested disclosure of the U.S. company’s assets and liabilities.
The applications follow an action filed by Cotemar in New York in August 2026 seeking recognition and enforcement of a Mexican judgment against ABSG Consulting, a subsidiary of American Bureau of Shipping.
That judgment ordered ABSG Consulting to pay $34.8 million plus interest for work connected with the transportation and installation of a modular drilling rig on an offshore platform in the Gulf of Mexico. Cotemar says the amount it is seeking has reached $59.4 million after interest under Mexican and New York law.
The dispute dates to September 2017, when ABSG Consulting contracted Cotemar to provide personnel, equipment and logistical support for the rig transportation and installation work. Cotemar completed the work by March 2018.
Cotemar sued ABSG Consulting in Mexico City in July 2018. On 30 March 2022, the trial court ruled in favour of Cotemar. According to the court findings described in the legal action, ABSG Consulting had received the work satisfactorily and provided signed certificates confirming that it had been performed in accordance with the contract.
The Mexican proceedings also found that prime contractor Tamaulipas Modular Rig had paid ABSG Consulting in full under their agreement. Bank transfer records were presented in those proceedings as evidence of the payments. The trial court also found that ABSG Consulting had acknowledged the debt.
The judgment was upheld by the Collegiate Appellate Court in June 2023.
The dispute subsequently moved to New York, where Cotemar is seeking recognition and enforcement of the Mexican judgment. Its latest applications seek attachment of up to $59.4 million in ABSG Consulting assets, a temporary restraining order related to transfers of those assets by third parties, and disclosure of the company’s assets and liabilities while the enforcement proceedings continue.
