Legal Opinion

Edelmann v. Chase Manhattan Bank, N.A.

District Court, D. Puerto Rico

Decided August 31, 1987No. Civ. 85-0756 (JAF)PublishedCited by 1 opinion

1Opinion of the Court

OPINION AND ORDER

FUSTE, District Judge.

This case is before the court on a motion for summary judgment. Fed.R.Civ.P. 56. The question presented is whether plaintiffs may enforce against defendant nine matured bearer certificates of deposit issued in the year 1958 by a Cuban banking branch of The Chase Manhattan Bank (Defendant). 1 The factual scenario surrounding this claim is as follows: Ana Maria Edelmann and Joseph Saif (the Edelmann’s) were citizens and residents of Cuba long before the establishment of the Fidel Castro communist regime in said country. While living in Cuba, the Edelmann’s…

2Cases cited10 opinions

Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
Clearfield Trust Co. v. United StatesSupreme Court of the United States · 1943
Lauritzen v. LarsenSupreme Court of the United States · 1953
Santiago v. Sea-Land Service, Inc.District Court, D. Puerto Rico · 1973
Fireman's Ins. Co. of Newark, NJ v. Gulf Puerto Rico Lines, Inc.District Court, D. Puerto Rico · 1972

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3Cited by1 opinion

Ana Maria Edelmann v. The Chase Manhattan Bank, N.A.Court of Appeals for the First Circuit · 1988