El Universal, Compania Periodistica Nacional, S.A. De C v. v. Phoenician Imports, Inc.
Texas Court of Appeals, 13th District
1Opinion of the Court
OPINION
SEERDEN, Justice.
This breach of contract action arises from the failure of a Texas Corporation, Phoenician Imports, Inc. d/b/a Azhar’s Oriental Rugs, (Phoenician) to pay a Mexican newspaper company, El Universal Compa-ñía Periodística Nacional, S.A. de C.V., (El Universal) for advertising services rendered. The primary issues in this case are 1) whether a Texas court can enter a money judgment in a foreign currency; and 2) what date should be used for applying a rate of exchange for converting a foreign currency debt into United States dollars.
El Universal is a Mexican, corporation…
2Cases cited18 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Deutsche Bank Filiale Nurnberg v. HumphreySupreme Court of the United States · 1926
- Hicks v. GuinnessSupreme Court of the United States · 1925
- Crenshaw v. SwensonCourt of Appeals of Texas · 1980
- Competex, S.A. (In Liquidation) v. Ronald LabowCourt of Appeals for the Second Circuit · 1986
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3Cited by10 opinions
- Staff Industries, Inc. v. Hallmark Contracting, Inc., Texas Court of Appeals, 13th District1993
- AKER VERDAL A/S v. Neil F. Lampson, Inc.Court of Appeals of Washington · 1992
- Davis v. Norris, Texas Court of Appeals, 6th District (Texarkana)2011
- Eleanor Fox Davis and Barnes Davis v. William Earl Norris and Martha Sue Norris, Texas Court of Appeals, 6th District (Texarkana)2011
- Eleanor Fox Davis and Barnes Davis v. William Earl Norris and Martha Sue Norris, Texas Court of Appeals, 6th District (Texarkana)2011
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