Legal Opinion
Yucyco, Ltd. v. Republic of Slovenia
District Court, S.D. New York
Decided November 18, 1997No. 96 CIV. 4274(DC)PublishedCited by 29 opinions
1Opinion of the Court
OPINION
CHIN, District Judge.
This case arises from the violent collapse and fragmentation of the former Socialist Federal Republic of Yugoslavia (“Yugoslavia”). Instead of one nation, there are now five successor states, including the fledgling Republic of Slovenia (“Slovenia”). The critical issue presented is whether Slovenia is liable for the obligations of the former Yugoslavia and its state-controlled banking institutions.
Plaintiff Yucyco, Ltd. (‘Yucyco”), a Cyprus corporation, is the owner of $29.5 million in loans made to certain Yugoslavian banks and guaranteed by Yugoslavia under a…
2Cases cited50 opinions
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3Cited by29 opinions
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