Industria E. Comercio De Minerios, S.A. v. Nova Genuesis Societa Per Azioni Per L'Industria Et IL Commercio Maritimo

WALTER E. HOFFMAN, District Judge.

In the early part of 1953 the United States of America, acting by and through the Defense Materials Procurement Agency, entered into a contract with the named libellant (hereinafter referred to as ICOMI, “contractor”, “shipper”, or “charterer”), a Brazilian corporation, calling for the exploration for and production of manganese ore in Brazil; establishing a line of credit in favor of ICOMI with the Export-Import Bank, an agency of the United States Government; and providing for the disposition of the production of manganese ore by ICOMI to the United States…