Legal Opinion
Abu Dhabi Commercial Bank PJSC v. Saad Trading, Contracting & Financial Services Co.
Appellate Division of the Supreme Court of the State of New York
Decided May 27, 2014PublishedCited by 1 opinion
1Opinion of the Court
Judgment, Supreme Court, New York County (Shirley Werner Kornreich, J), entered November 29, 2012, in an action seeking recognition and enforcement of a foreign country money judgment pursuant to CPLR article 53, awarding plaintiff the aggregate amount of $40,141,014.85, unanimously affirmed, with costs.
Plaintiff, a bank incorporated under the laws of the United Arab Emirates, entered into certain loan agreements with defendant, a limited partnership formed under the laws of the Kingdom of Saudi Arabia. These included an international swaps and derivatives agreement (ISDA) in which the…
2Cases cited13 opinions
- Shaffer v. HeitnerSupreme Court of the United States · 1977
- CIBC Mellon Trust Co. v. Mora Hotel Corp. N.V.New York Court of Appeals · 2003
- Sung Hwan Co. v. Rite Aid Corp.New York Court of Appeals · 2006
- Lenchyshyn v. Pelko Electric, Inc.Appellate Division of the Supreme Court of the State of New York · 2001
- Hanscom v. GoldmanAppellate Division of the Supreme Court of the State of New York · 2013
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3Cited by1 opinion
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