Export-Import Bank of Republic of China v. Grenada
Court of Appeals for the Second Circuit
1Opinion of the Court
SUSAN L. CARNEY, Circuit Judge:
This case involves the protracted efforts of Export-Import Bank of the Republic of China (“Ex-Im Bank”) to execute on a $21 million judgment in its favor against the country of Grenada. The judgment, entered in 2007 by the United States District Court for the Southern District of New York (Harold Baer, Jr., Judge), arose from four loans made by Ex-Im Bank to Grenada between 1990 and 2000.
In the loan documents, Grenada waived its sovereign immunity from suit in federal court in New York in connection with the transactions, and thus the District Court was able to…
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