Legal Opinion
Motorola Credit Corporation v. Standard Chartered Bank
New York Court of Appeals
Decided October 23, 2014No. 162PublishedCited by 30 opinions
1Opinion of the Court
OPINION OF THE COURT
Graffeo, J.
In this case, the United States Court of Appeals for the Second Circuit asks us whether the “separate entity” rule prevents a judgment creditor from ordering a garnishee bank operating branches in New York to restrain a judgment debtor’s assets held in foreign branches of the bank. We conclude that it does.
I
Between April 1998 and September 2000, several members of the Uzan family (the Uzans) induced plaintiff Motorola Credit Corporation (Motorola) to loan over $2 billion to a Turkish telecommunications company they controlled, purportedly to finance a major…
2Cases cited16 opinions
- Daimler AG v. BaumanSupreme Court of the United States · 2014
- Ehrlich-Bober & Co. v. University of HoustonNew York Court of Appeals · 1980
- Commonwealth of the Northern Mariana Islands v. Canadian Imperial Bank of CommerceNew York Court of Appeals · 2013
- Koehler v. Bank of Bermuda Ltd.New York Court of Appeals · 2009
- Motorola Credit Corp. v. UzanDistrict Court, S.D. New York · 2003
11 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Gucci America, Inc. v. Weixing LiDistrict Court, S.D. New York · 2015
- Vera v. Republic of CubaCourt of Appeals for the Second Circuit · 2015
- Peterson v. Islamic Republic of IranCourt of Appeals for the Second Circuit · 2017
- Next Investments, LLC v. Bank of ChinaCourt of Appeals for the Second Circuit · 2021
- Nike, Inc. v. WuDistrict Court, S.D. Illinois · 2018
25 more not listed; retrieve them via the Exa API.