Ehag Eisenbahnwerte Holding Aktiengesellschaft v. Banca Nationala a Romaniei

Plaintiff, a Swiss corporation, sues as the holder of a substantial number of negotiable coupon bonds issued by the Kingdom of Boumania. Begun by issuance of a warrant of attachment, the action seeks to recover from defendant bank, a Boumanian corporation, damages stemming from the asserted breach of an agreement between defendant and the Boumanian Government, in connection with the servicing of such bonds. Upon a motion by defendant, appearing specially, the court at Special Term vacated the warrant of attachment, holding that the papers upon which it had been granted did not establish a…