Legal Opinion

Connecticut Bank of Commerce v. Republic of Congo

Court of Appeals for the Fifth Circuit

Decided July 17, 2002No. 01-50409PublishedCited by 32 opinions

1Opinion of the Court

EMILIO M. GARZA, Circuit Judge:

The Connecticut Bank of Commerce appeals the district court’s judgment that the Foreign Sovereign Immunities Act renders royalty and tax obligations owed by certain Texas oil companies to the Republic of Congo immune from garnishment.

*247A predecessor in interest to the Connecticut Bank of Commerce (hereinafter “the Bank”) lent the Congo $6.5 million. In the loan agreement, the Congo waived any right to claim foreign sovereign immunity either from suit or from attachment or execution of its property. The Congo defaulted on the loan. The Bank acquired the rights to a…

2Cases cited22 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Kremer v. Chemical Construction Corp.Supreme Court of the United States · 1982
  3. Verlinden B. v. v. Central Bank of NigeriaSupreme Court of the United States · 1983
  4. Republic of Argentina v. Weltover, Inc.Supreme Court of the United States · 1992
  5. Kelly v. Syria Shell Petroleum Development B.V.Court of Appeals for the Fifth Circuit · 2000

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3Cited by32 opinions

  1. Walters v. INDUSTRIAL AND COMMERCIAL BANK OF CHINACourt of Appeals for the Second Circuit · 2011
  2. Autotech Technologies LP v. Integral Research & Development Corp.Court of Appeals for the Seventh Circuit · 2007
  3. Holocaust Victims of v. Magyar Nemzeti BankCourt of Appeals for the Seventh Circuit · 2012
  4. Weininger v. CastroDistrict Court, S.D. New York · 2006
  5. Af-Cap Inc. v. Chevron Overseas (Congo) Ltd.Court of Appeals for the Ninth Circuit · 2007

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

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