Pecaflor Construction, Inc. v. Landes
California Court of Appeal
1Opinion of the Court
Opinion
SMITH, J.
The issue in this case is whether a California judgment enforcing a foreign judgment is fully satisfied by paying off the foreign judgment in foreign currency, where there has been an intervening fall in the value of the foreign currency as against the American dollar. We hold that satisfying the foreign judgment satisfies the California judgment as well.
Background
The full history of this litigation is not discernible from the record, but the parties agree on the material facts and events. Pecaflor Construction, Inc. (Pecaflor) and Temuco Construction, Inc. (Temuco) each sued…
2Cases cited10 opinions
- Deutsche Bank Filiale Nurnberg v. HumphreySupreme Court of the United States · 1926
- Hicks v. GuinnessSupreme Court of the United States · 1925
- Competex, S.A. (In Liquidation) v. Ronald LabowCourt of Appeals for the Second Circuit · 1986
- Yanchor v. KaganCalifornia Court of Appeal · 1971
- In Re GOOD HOPE CHEMICAL CORPORATION, Debtor. Good Hope Chemical Corporation Creditors’ Committee, AppellantCourt of Appeals for the First Circuit · 1984
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