Weston Compagnie De Finance Et D'Investissement, S.A. v. La Republica Del Ecuador

MEMORANDUM AND ORDER

MeKENNA, District Judge.

1

Plaintiff, a “financial institution” organized under the laws of Switzerland, “[a] substantial part of [the business of which] has involved the acquisition and trading of Latin American debt” (Gerstel Deck ¶ 2), commenced this action on April 26,1993 to recover $20,756,959.74 in principal and $9,587,-360.34 in interest (computed as of February 16, 1993) from the Republic of Ecuador (the “Republic”), its central bank, Banco Central del Ecuador (the “Central Bank”), and various entities which, for purposes of the present motions at least, the Court…