Opinion ID: 780118
Heading Depth: 3
Heading Rank: 3

Heading: The Retention

Text: 89 Pertamina also argues that it has no right to the Retention, or, at a minimum, no right to eighty percent of the Retention. We disagree. While Pertamina may be under an obligation to transfer the Retention to the Ministry's account in New York, this fact does not alter the extant allocation of ownership interests. Pertamina has not identified any Indonesian statute or regulation that grants the Republic of Indonesia ownership rights in the Retention. [U]nder New York law, a defendant has an interest in ... funds if any part of the money is within the present or future control of the defendant. Gala Enterprises, Inc. v. Hewlett Packard Co., 970 F.Supp. 212, 217 (S.D.N.Y.1997) (citation and internal punctuation omitted); accord Leon v. Martinez, 84 N.Y.2d 83, 88 n. 1, 638 N.E.2d 511, 513 n. 1, 614 N.Y.S.2d 972, 974 n. 1 (1994) (An assignment may properly relate to a future ... right which is adequately identified....). As property within Pertamina's control, which only Pertamina controls, the Retention is validly subject to attachment.