Concesionaria DHM, S.A. v. International Finance Corp.
District Court, S.D. New York
1Opinion of the Court
OPINION and ORDER
KOELTL, District Judge.
The defendants, International Finance Corporation (“IFC”) and Corporación An-dina de Fomento (“CAF”), are international organizations that entered into two separate loan agreements with the plaintiff, Concesionaria DHM, S.A. (“DHM”), to provide partial financing for the plaintiffs toll road construction project in Ecuador. The plaintiff sued the defendants for breach of contract and breach of an implied covenant of good faith and fair dealing after each defendant refused to make disbursements allegedly due under the respective loan agreements. Both…
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