Legal Opinion
Banco Mercantil de Sao Paulo S. A. v. Nava
New York Supreme Court
Decided August 9, 1983PublishedCited by 3 opinions
1Opinion of the Court
OPINION OF THE COURT
Herman Cahn, J.
New York City is the financial capital of the United States, and probably of the world. As such, its traders and banking institutions are often faced with problems caused by commercial practices of foreign countries, which are radically different from and impact on our usages. In the instant case, the problems inherent in a less-than-free currency market in the Dominican Republic, gave rise to transactions which are the subject of this action.
Defendants move for summary judgment pursuant to CPLR 3212 on the grounds that the causes of action set forth have no…
2Cases cited7 opinions
- Chemical Bank v. HaskellNew York Court of Appeals · 1980
- Marine Midland Bank-New York v. Graybar Electric Co.New York Court of Appeals · 1977
- Hall v. Bank of BlasdellNew York Court of Appeals · 1954
- Saale v. Interstate Steel Co.Appellate Division of the Supreme Court of the State of New York · 1966
- Mortimer Agency, Inc. v. Underwriters Trust Co.Civil Court of the City of New York · 1973
2 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Hartford Accident & Indemnity Co. v. American Express Co.New York Supreme Court · 1987
- Interbank of New York v. Fleet BankCivil Court of the City of New York · 2001
- Silverberg v. MirenbergCivil Court of the City of New York · 2001