Legal Opinion

Weltover, Inc. Springdale Enterprises, Inc. Bank Cantrade, A.G. v. Republic of Argentina Banco Central De La Argentina

Court of Appeals for the Second Circuit

Decided August 13, 1991No. 1446, Docket 91-7119PublishedCited by 86 opinions

1Opinion of the Court

McLAUGHLIN, Circuit Judge:

This appeal presents two issues of subject matter jurisdiction under the Foreign Sovereign Immunities Act of 1976 (“FSIA”). 28 U.S.C. §§ 1330, 1332(a)(2)-(a)(4), 1391(f), 1441(d), 1602-1611. We must first determine whether the act of a foreign sovereign in issuing debt instruments to foreign creditors for the stated purpose of controlling the nation’s stock of foreign currency is “commercial activity” within the meaning of the FSIA. If it is, we must then consider whether that action has a sufficient nexus with the United States to justify the exercise of subject…

2Cases cited19 opinions

  1. Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
  2. Verlinden B. v. v. Central Bank of NigeriaSupreme Court of the United States · 1983
  3. Argentine Republic v. Amerada Hess Shipping Corp.Supreme Court of the United States · 1989
  4. Foremost-Mckesson, Inc. v. The Islamic Republic of IranCourt of Appeals for the D.C. Circuit · 1990
  5. Texas Trading & Milling Corp. v. Federal Republic of NigeriaCourt of Appeals for the Second Circuit · 1981

14 more not listed; retrieve them via the Exa API.

3Cited by86 opinions

  1. Republic of Argentina v. Weltover, Inc.Supreme Court of the United States · 1992
  2. Dole Food Co. v. WattsCourt of Appeals for the Ninth Circuit · 2002
  3. Dole Food Company, Inc. v. WattsCourt of Appeals for the Ninth Circuit · 2002
  4. Lotes Co. v. Hon Hai Precision Industry Co.Court of Appeals for the Second Circuit · 2014
  5. Laura Ann Vermeulen v. Renault, U.S.A., Inc., Regie Nationale Des Usines RenaultCourt of Appeals for the Eleventh Circuit · 1993

81 more not listed; retrieve them via the Exa API.

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