Legal Opinion
National Petrochemical Co. of Iran v. M/T Stolt Sheaf
District Court, S.D. New York
Decided October 4, 1989No. 86 Civ. 7505PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
OWEN, District Judge:
This case is but one of the many consequences of Iran’s having seized 52 American hostages in November, 1979. While Americans remained hostage and in retaliation for Iran’s role in the hostage situation, President Carter by executive order embargoed exports from the United States of certain chemicals. Desperate for United States supplies, the plaintiff, National Petrochemical Co. (“NPC”), an instrument of the Iranian government, tried to circumvent the embargo “by entering into an illegal scheme to purchase the needed chemicals through a series of…
2Cases cited4 opinions
- Stone v. FreemanNew York Court of Appeals · 1948
- National Petrochemical Co. of Iran v. The M/T Stolt SheafCourt of Appeals for the Second Circuit · 1988
- Tarbert Trading, Ltd. v. Cometals, Inc.District Court, S.D. New York · 1987
- National Petrochemical Co. of Iran v. M/T Stolt SheafDistrict Court, S.D. New York · 1987
3Cited by3 opinions
- National Petrochemical Co. of Iran v. M/T Stolt SheafCourt of Appeals for the Second Circuit · 1991
- National Petrochemical Company Of Iran v. The M/T Stolt SheafCourt of Appeals for the Second Circuit · 1991
- Krohn v. Orta (In Re Cromer)United States Bankruptcy Court, E.D. New York · 1993