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Allied Bank International v. Banco Credito Agricola de Cartago. 757 F.2d 516

Published online by Cambridge University Press:  27 February 2017

Abstract

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Type
Judicial Decisions
Copyright
Copyright © American Society of International Law 1985

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References

1 566 F.Supp. 1440 (S.D.N.Y. 1983), summarized in 78 AJIL 441 (1984). Following the district court’s dismissal, 38 of the 39 plaintiff banks signed a refinancing agreement. Thus, only one of the original plaintiffs was represented on appeal.

2 No. 83-7714 (2d Cir. Apr. 23, 1984), summarized in 78 AJIL 899 (1984).

3 757 F.2d 516, 519.

4 Id. at 521.

5 Id. (quoting Tabacalera Severiano Jorge, S.A. v. Standard Cigar Co., 392 F.2d 706, 715-16 (5th Cir.), cert, denied, 393 U.S. 924 (1968)).

6 757 F.2d at 521-22.

7 Id. at 522.

8 On Apr. 1, 1985, appellees filed a petition for a rehearing or, in the alternative, a rehearing en banc, in which counsel questioned the court’s reliance on the U.S. amicus brief and the conclusion that the situs of the debt was in the United States.