Dynamics Corp. of America v. Citizens & Southern National Bank
District Court, N.D. Georgia
1Opinion of the Court
ORDER
EDENFIELD, District Judge.
In this unusual diversity 1 case, which touches some of the political and legal consequences of the emergence in Asia of Bangladesh, the court is called upon to strike a balance between the principles of equity jurisprudence and the requirements of commercial law.
In March of 1971 plaintiff, Dynamics Corporation of America [“DCA”], entered into a contract [the “Agreement”] with intervenor, the President of India [“India”], under which DCA agreed to sell and India agreed to buy defense-related communications equipment for some $1,368 million. The Agreement…
2Cases cited9 opinions
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- Venizelos, S.A. v. Chase Manhattan BankCourt of Appeals for the Second Circuit · 1970
- Sztejn v. J. Henry Schroder Banking Corp.New York Supreme Court · 1941
- Lindahl King v. Saddleback Junior College DistrictCourt of Appeals for the Ninth Circuit · 1970
- Banco Espanol De Credito v. State Street Bank and Trust Company, (Two Cases)Court of Appeals for the First Circuit · 1967
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3Cited by56 opinions
- Harris Corporation v. National Iranian Radio and Television and Bank Melli Iran, DefendantsCourt of Appeals for the Eleventh Circuit · 1982
- Intraworld Industries, Inc. v. Girard Trust BankSupreme Court of Pennsylvania · 1975
- O'Grady v. First Union National BankSupreme Court of North Carolina · 1978
- Itek Corporation v. The First National Bank of Boston, Bank Melli IranCourt of Appeals for the First Circuit · 1984
- Rockwell International Systems, Inc., Plaintiff-Appellee-Cross-Appellant v. Citibank, N.A. And Bank Tejarat, Defendants-Appellants-Cross-AppelleesCourt of Appeals for the Second Circuit · 1983
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