World Point Trading PTE., Ltd. v. Italiano
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
*155OPINION OF THE COURT
Rubin, J.
These two actions, consolidated for disposition because of the similarity of issues, involve the application of the doctrine of forum non conveniens. In both cases, jurisdiction is predicated on the New York domicile of a bank that issued a letter of credit in connection with an international commercial transaction. In each case, the respective plaintiffs opposition to the forum non conveniens motion is based on the issuing bank’s unconditional promise to pay the negotiating bank, which promise is required by the terms of the letter of credit to be performed in…
2Cases cited8 opinions
- Islamic Republic of Iran v. PahlaviNew York Court of Appeals · 1984
- Banco Ambrosiano v. Artoc Bank & Trust Ltd.New York Court of Appeals · 1984
- J. Zeevi & Sons, Ltd. v. Grindlays BankNew York Court of Appeals · 1975
- Yoshida Printing Co. v. AibaAppellate Division of the Supreme Court of the State of New York · 1995
- Gonzalez v. Industrial BankNew York Court of Appeals · 1962
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3Cited by18 opinions
- Shin-Etsu Chemical Co. v. ICICI Bank Ltd.Appellate Division of the Supreme Court of the State of New York · 2004
- Moore v. KopelAppellate Division of the Supreme Court of the State of New York · 1997
- First Union National Bank v. ParibasDistrict Court, S.D. New York · 2001
- Finance & Trading Ltd. v. Rhodia S.A.Appellate Division of the Supreme Court of the State of New York · 2006
- Neuter, Ltd. v. Citibank, N. A.Appellate Division of the Supreme Court of the State of New York · 1997
13 more not listed; retrieve them via the Exa API.