Republic of the Philippines v. Marcos
Court of Appeals for the Second Circuit
1Opinion of the Court
OAKES, Circuit Judge:
This appeal is from a grant of a preliminary injunction in favor of The Republic of the Philippines (“The Republic”) by the United States District Court for the Southern District of New York, Pierre N. Leval, Judge. The injunction continued an expiring temporary restraining order conditioned on the posting of a bond of $3 million against the transfer or encumbrance of five pieces of real property (the “properties”), four of which are located in New York City and one of which is in Long Island, New York. Judge Leval found that The Republic of the Philippines had met the…
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