EM Ltd. v. Republic of Argentina
Court of Appeals for the Second Circuit
1Opinion of the Court
JOSÉ A. CABRANES, Circuit Judge.
This appeal arises from the efforts of plaintiffs-appellants NML Capital, Ltd. (“NML”) and EM Ltd. (“EM”) (collectively, “plaintiffs”) to attach certain funds held in an account of the Banco Central de la República Argentina (“BCRA”), the central banking authority of the Republic of Argentina (“Argentina” or “the Republic”), at the Federal Reserve Bank of New York (“FRBNY”) (the “FRBNY Account”).1 EM holds, and NML seeks, a judgment against the Republic arising out of the Republic’s default on debt obligations held by EM and NML. Even though plaintiffs do not…
2Cases cited33 opinions
- Eternity Global Master Fund Limited v. Morgan Guaranty Trust Company of New York and Jpmorgan Chase BankCourt of Appeals for the Second Circuit · 2004
- Republic of Argentina v. Weltover, Inc.Supreme Court of the United States · 1992
- First National City Bank v. Banco Para El Comercio Exterior De CubaSupreme Court of the United States · 1983
- Dole Food Co. v. PatricksonSupreme Court of the United States · 2003
- Alfred Dunhill of London, Inc. v. Republic of CubaSupreme Court of the United States · 1976
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3Cited by54 opinions
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- Walters v. INDUSTRIAL AND COMMERCIAL BANK OF CHINACourt of Appeals for the Second Circuit · 2011
- NML Capital, Ltd. v. Republic of ArgentinaCourt of Appeals for the Second Circuit · 2012
- Funk v. BelneftekhimCourt of Appeals for the Second Circuit · 2017
- Autotech Technologies LP v. Integral Research & Development Corp.Court of Appeals for the Seventh Circuit · 2007
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