Corporacion Venezolana de Fomento v. Vintero Sales Corp.
Court of Appeals for the Second Circuit
1Opinion of the Court
LUMBARD, Circuit Judge:
This appeal presents a complex of legal issues arising out of the default by Venezolana de Cruceros del Caribe, C.A. (“Cariven”), a Venezuelan corporation, on notes issued by it and guaranteed by Corporación Venezolana de Fomento (“CVF”), a Venezuelan governmental entity, and purchased by The Merban Corporation (“Merban”), a Swiss corporation, and later resold in part to various United States and Canadian banks, who became intervenors in this action. CVF alleged in its complaint filed in the Southern District of New York that the guarantees were void both because CVF…
2Cases cited23 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Ex Parte McCardleSupreme Court of the United States · 1869
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- Fed. Sec. L. Rep. P 95,614 the Exchange National Bank of Chicago v. Touche Ross & Co.Court of Appeals for the Second Circuit · 1976
- Hinderlider v. La Plata River & Cherry Creek Ditch Co.Supreme Court of the United States · 1938
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