Legal Opinion
Banque Worms v. Bank America International
District Court, S.D. New York
Decided December 11, 1989No. 89 Civ. 3067 (RPP)PublishedCited by 3 opinions
1Opinion of the Court
OPINION AND ORDER
ROBERT P. PATTERSON, Jr., District Judge.
This is a motion and a cross-motion for summary judgment pursuant to Federal Rule of Civil Procedure 56. At stake is $1,974,267.97, currently in the possession of plaintiff Banque Worms (BW), a bank organized and existing under the laws of the Republic of France.
Background
In the early morning hours of April 10, 1989, third party defendant Security Pacific International Bank (SPIB), a federally chartered bank with offices in New York, received two telexes from Spedley Securities Ltd. (Spedley), an Australian company. At 12:36 A.M., 1…
2Cases cited13 opinions
- N. B'k of C. in N.Y. v. . N.M. B'k A. of N.Y.New York Court of Appeals · 1873
- Delbrueck & Co. v. Manufacturers Hanover Trust CompanyCourt of Appeals for the Second Circuit · 1979
- Morgan Guaranty Trust Company Of New York v. American Savings And Loan AssociationCourt of Appeals for the Third Circuit · 1986
- Consolidated National Bank v. First National BankAppellate Division of the Supreme Court of the State of New York · 1908
- Manufacturers Trust Co. v. DiamondAppellate Terms of the Supreme Court of New York · 1959
8 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Banque Worms v. Bankamerica International, Defendant-Third-Party Security Pacific International Bank, Third-PartyCourt of Appeals for the Second Circuit · 1991
- Bank of America National Trust & Savings Ass'n v. SanatiCalifornia Court of Appeal · 1992
- In Re: Citibank August 11, 2020Court of Appeals for the Second Circuit · 2022