Legal Opinion

Morgan Guaranty Trust Co. of New York v. Republic of Palau

District Court, S.D. New York

Decided August 5, 1988No. 86 Civ. 0590 (RWS)PublishedCited by 16 opinions

1Opinion of the Court

OPINION

SWEET, District Judge.

Plaintiffs Morgan Guaranty Trust Company of New York (“MGT”), Morgan Gren-fell & Co. Limited (“Morgan Grenfell”), Bank of Tokyo, Ltd., The Governor and Company of the Bank of Scotland, and Orion Royal Bank Limited, are banking institutions (collectively the “Guarantors”), that seek to recover from defendant Republic of Palau (“Palau”), a foreign state and from 1981-1983 a Trust Territory of the United States, over $40 million arising out of the financing in 1983 of a power plant thereafter constructed on the island of Babel-doab for Palau. The action was tried…

2Cases cited14 opinions

  1. Corporacion Venezolana de Fomento v. Vintero Sales Corp.Court of Appeals for the Second Circuit · 1980
  2. Aaron Ferer & Sons Ltd. v. Chase Manhattan Bank, National Ass'nCourt of Appeals for the Second Circuit · 1984
  3. Karavos Compania Naviera S. A. v. Atlantica Export Corp.Court of Appeals for the Second Circuit · 1978
  4. J. Richard Dirose v. Pk Management Corp., Nicholas A. Demare, Frank Ciccarelli, John S. Russo, Harry Kursh, Anthony Curatolo and Jerome DanskerCourt of Appeals for the Second Circuit · 1982
  5. Gaskin v. Stumm Handel GmbHDistrict Court, S.D. New York · 1975

9 more not listed; retrieve them via the Exa API.

3Cited by16 opinions

  1. Lazard Freres & Co., Plaintiff-Counter-Defendant-Appellee v. Protective Life Insurance Company, Defendant-Counter-Claimant-AppellantCourt of Appeals for the Second Circuit · 1997
  2. Simon v. Philip Morris Inc.District Court, E.D. New York · 2000
  3. Medline Industries Inc. v. Maersk Medical Ltd.District Court, N.D. Illinois · 2002
  4. Pfizer Inc. v. Elan Pharmaceutical Research Corp.District Court, D. Delaware · 1993
  5. Morgan Guaranty Trust Co. of New York v. Republic of PalauDistrict Court, S.D. New York · 1988

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