Legal Opinion

NML Capital v. Republic of Argentina

Court of Appeals for the Second Circuit

Decided September 23, 2010No. Docket 09-2707-cv (L), 09-2708-cv (CON), 09-2867-cv (CON), 09-2710-cv (CON), 09-2711-cv (CON), 09-2712-cv (CON), 09-2713-ev (CON), 09-2714-cv (CON), 09-2715-cv (CON), 09-2716-cv (CON), 09-2717-cv (CON), 09-2810-cv (CON)PublishedCited by 45 opinions

1Opinion of the Court

REENA RAGGI, Circuit Judge:

In this action to recover principal and interest owed by the Republic of Argentina on certain Floating Rate Accrual Notes, the parties cross-appeal from a judgment entered in the United States District Court for the Southern District of New York (Thomas P. Griesa, Judge) in favor of plaintiffs. Appellant Argentina contends that it was entitled to reformation of the notes because the relevant interest rate was unenforceable as a penalty, substantively unconscionable, or void on account of public policy. Argentina further faults the district court for awarding…

2Cases cited33 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Dallas Aerospace, Inc., Plaintiff-Counter-Defendant-Appellant v. Cis Air Corporation, Defendant-Counter-Claimant-AppelleeCourt of Appeals for the Second Circuit · 2003
  3. Gillman v. Chase Manhattan Bank, N. A.New York Court of Appeals · 1988
  4. Lipsky v. Commonwealth United Corp.Court of Appeals for the Second Circuit · 1976
  5. International Multifoods Corporation v. Commercial Union Insurance Co.Court of Appeals for the Second Circuit · 2002

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3Cited by45 opinions

  1. NML Capital v. Republic of ArgentinaNew York Court of Appeals · 2011
  2. HTV Indus., Inc. v. AgarwalDistrict Court, S.D. Illinois · 2018
  3. Bank of New York Mellon Trust Co. v. Liberty Media Corp.Supreme Court of Delaware · 2011
  4. CompassCare v. HochulCourt of Appeals for the Second Circuit · 2025
  5. Licci Ex Rel. Licci v. Lebanese Canadian Bank, SALCourt of Appeals for the Second Circuit · 2016

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