Ulen & Co. v. Bank Gospodarstwa Krajowego
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtClose, J.
The action is brought to recover the sum of $219,888, due and unpaid on interest coupons attached to bonds issued by the defendant in the principal amount of $7,519,000. The defendant (hereinafter called “ the Bank ”) was created in the Republic of Poland in 1924. It claims to be an instrumentality of, and so closely identified with, the Polish government as to be entitled to share the sovereign immunity from suit which would be accorded to that government itself. The defendant and the Polish government both appeared specially in the action and moved to dismiss the complaint and to vacate a…
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