Legal Opinion
Hanil Bank v. Pt. Bank Negara Indonesia, (Persero)
Court of Appeals for the Second Circuit
Decided June 24, 1998No. 97-7961PublishedCited by 63 opinions
1Opinion of the Court
CARDAMONE, Circuit Judge:
On this appeal an Indonesian bank asks us to reverse a trial court that asserted jurisdiction over it when it failed to make payment on a letter of credit 'that designated New York City as the place of payment. The policy of the United States, as codified in the Foreign Sovereign Immunities Act, 28 U.S.C. § 1602 et seq. (FSIA or Act), is to grant immunity from suit in the courts of this country to foreign states and corporations owned by such foreign states for acts taken pursuant to their sovereign power even though they impact the United States. Under the Act’s…
2Cases cited13 opinions
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
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- Milliken v. MeyerSupreme Court of the United States · 1941
- Argentine Republic v. Amerada Hess Shipping Corp.Supreme Court of the United States · 1989
- South Carolina v. KatzenbachSupreme Court of the United States · 1966
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3Cited by63 opinions
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- Frontera Resources Azerbaijan Corp. v. State Oil Co.Court of Appeals for the Second Circuit · 2009
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