Legal Opinion
Ferrostaal Metals Corp. v. S.S. Lash Pacifico
District Court, S.D. New York
Decided January 21, 1987No. 82 Civ. 2825 (CBM), 83 Civ. 1524 (CBM)PublishedCited by 18 opinions
1Opinion of the Court
OPINION
STANTON, District Judge.
The main questions presented by the pending application are first whether prior court approval was required before attachments were made against assets of a claimed agent of a foreign sovereign and second whether the beneficiary’s interest in open letters of credit were subject to effective attachment.
For the reasons which appear hereafter, the first question is answered in the affirmative and the second in the negative.
BACKGROUND
Prudential Lines, Inc. (“PLI”), a judgment creditor, served restraining notices upon various New York and New Jersey banks enjoining…
2Cases cited12 opinions
- Kmw International v. Chase Manhattan Bank, N. A.Court of Appeals for the Second Circuit · 1979
- S & S MacHinery Co. v. Masinexportimport, a Romanian Corporation, and the Romanian Bank for Foreign TradeCourt of Appeals for the Second Circuit · 1983
- Page v. First National Bank of MaryLand (In Re Page)District Court, District of Columbia · 1982
- In Re MJ Sales & Distributing Co., Inc.United States Bankruptcy Court, S.D. New York · 1982
- Reibor International Limited v. Cargo Carriers (Kacz-Co.) Ltd., Manufacturers Hanover Trust Company and the Royal Bank of Canada, Garnishees-AppelleesCourt of Appeals for the Second Circuit · 1985
7 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Brenntag International Chemicals, Inc. v. Bank of India, Defendant-Cross-Claimant-Appellant, Norddeutsche Landesbank GzCourt of Appeals for the Second Circuit · 1999
- Ned Chartering & Trading, Inc. v. Republic of PakistanDistrict Court, District of Columbia · 2001
- Owens v. Republic of SudanDistrict Court, District of Columbia · 2015
- Algemene Bank Nederland, N v. v. Soysen Tarim Urunleri Dis Ticaret Ve Sanayi, A.S.District Court, S.D. New York · 1990
- Olympic Chartering SA v. MINISTRY OF IND. AND TRADE OF JORDANDistrict Court, S.D. New York · 2001
13 more not listed; retrieve them via the Exa API.