Legal Opinion
Redondo Construction Corp. v. Banco Exterior De Espana, S.A.
Court of Appeals for the First Circuit
Decided November 24, 1993No. 93-1407PublishedCited by 41 opinions
1Opinion of the Court
BAILEY ALDRICH, Senior Circuit Judge.
This is the epilogue to a charade designed by a foreign lender to avoid payment of Puerto Rico income taxes on Puerto Rico income. The script was a farce; the players did not even follow it. Its reviewers give it a bad notice.
I. Background,
Plaintiff, Redondo Construction Corp., is a Puerto Rico corporation engaged in the construction business. Defendant, Banco Exterior de España, is a Spanish bank with an office in Miami, Florida. In 1985 defendant sent one of its vice presidents to Puerto Rico, where he solicited the opportunity to finance a part of…
2Cases cited7 opinions
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- Burger King Corp. v. RudzewiczSupreme Court of the United States · 1985
- Hunt Wesson Foods, Inc. v. Supreme Oil CompanyCourt of Appeals for the Ninth Circuit · 1987
- Vencedor Manufacturing Co., Inc. v. Gougler Industries, Inc.Court of Appeals for the First Circuit · 1977
- Industrial Siderúrgica, Inc. v. Thyssen Steel Caribbean, Inc.Supreme Court of Puerto Rico · 1983
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3Cited by41 opinions
- Rivera v. Centro Medico De Turabo, Inc.Court of Appeals for the First Circuit · 2009
- Autoridad De Energ a Electrica De Puerto Rico v. Ericsson Inc., F/k/a Ericsson Ge Mobile Communications Inc. Federal Insurance Company John DoeCourt of Appeals for the First Circuit · 2000
- Rivera v. Kress Stores P.R., Inc.Court of Appeals for the First Circuit · 2022
- Triple Quest, Inc. v. Cleveland Gear Co.North Dakota Supreme Court · 2001
- United States v. Guzmán-MontañezCourt of Appeals for the First Circuit · 2014
36 more not listed; retrieve them via the Exa API.