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Banco do Brasil, S. A. v. A. C. Israel Commodity Co. Inc. et al.

United States of America.  27 March 1961 ; 25 April 1961 ; 04 April 1963 .

Published online by Cambridge University Press:  01 January 2021

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Abstract

Treaties — Special kinds of — Articles of Agreement of International Monetary Fund — Recognition of currency regulations of member States — Enforceability of exchange contracts involving currency of foreign State and contrary to regulations of such State — Meaning of Article VIII, Section 2 (b) — Nature of obligation imposed on member States — The law of the United States of America.

International organization — Specialized Agencies of United Nations — International Monetary Fund — Articles of Agreement of — Recognition of currency regulations of member States — Enforceability of exchange contracts involving currency of foreign State and contrary to regulations of such State — Meaning of Article VIII, Section 2 (b) — Nature of obligation imposed on member States — Tort suit by foreign bank alleging violation of exchange regulations — Refusal to enforce foreign revenue laws — The law of the United States of America.

Type
Case Report
Copyright
© Cambridge University Press 1966

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