Legal Opinion

El Universal, Compania Periodistica Nacional, S.A. De C v. v. Phoenician Imports, Inc.

Texas Court of Appeals, 13th District

Decided January 3, 1991No. 13-89-383-CVPublishedCited by 10 opinions

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

  1. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  2. Deutsche Bank Filiale Nurnberg v. HumphreySupreme Court of the United States · 1926
  3. Hicks v. GuinnessSupreme Court of the United States · 1925
  4. Crenshaw v. SwensonCourt of Appeals of Texas · 1980
  5. Competex, S.A. (In Liquidation) v. Ronald LabowCourt of Appeals for the Second Circuit · 1986

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3Cited by10 opinions

  1. Staff Industries, Inc. v. Hallmark Contracting, Inc., Texas Court of Appeals, 13th District1993
  2. AKER VERDAL A/S v. Neil F. Lampson, Inc.Court of Appeals of Washington · 1992
  3. Davis v. Norris, Texas Court of Appeals, 6th District (Texarkana)2011
  4. Eleanor Fox Davis and Barnes Davis v. William Earl Norris and Martha Sue Norris, Texas Court of Appeals, 6th District (Texarkana)2011
  5. 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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