Legal Opinion
Bata v. Central-Penn National Bank of Philadelphia
District Court, E.D. Pennsylvania
Decided November 1, 1963No. Civ. A. No. 33961PublishedCited by 6 opinions
1Opinion of the Court
JOSEPH S. LORD, III, District Judge.
On March 27, 1962, attorneys for Thomas J. Bata, a Canadian citizen, and attorneys for Jan A. Bata, a citizen of Brazil, executed an escrow agreement. This agreement was one segment of a comprehensive agreement settling conflicting claims of Thomas and Jan. Central-Penn National Bank was selected by the parties as the escrow agent.
The comprehensive settlement agreement consisted of payment by Thomas to Jan of $3,400,000 in exchange for share certificates and documents delivered by Jan A. Bata. The parties agreed that interpretation of the settlement…
2Cases cited3 opinions
- Security Trust & Savings Bank v. CarlsenCalifornia Supreme Court · 1928
- Travis v. National City Bank of New YorkDistrict Court, E.D. New York · 1938
- Chase Nat. Bank of New York v. Directorate General of Postal Remittances & Savings BankDistrict Court, S.D. New York · 1951
3Cited by6 opinions
- Bata v. Central-Penn Nat. Bank of Phila.Supreme Court of Pennsylvania · 1966
- Corporacion Venezolana de Fomento v. Vintero Sales Corp.Court of Appeals for the Second Circuit · 1980
- United Technologies Corp. v. Citibank, N.A.District Court, S.D. New York · 1979
- Corporacion Venezolana De Fomento v. Vintero Sales Corp.District Court, S.D. New York · 1979
- Armstrong Cover Co. v. WhitfieldDistrict Court, N.D. Georgia · 1976
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