Legal Opinion
Pineiro v. Chase Manhattan Bank, N. A.
New York Supreme Court
Decided December 3, 1980PublishedCited by 5 opinions
1Opinion of the Court
*661OPINION OF THE COURT
Leonard N. Cohen, J.
This case is an illustrative caveat to foreign nationals purchasing promissory money instruments from American branch banks abroad wherein subsequent to purchase a foreign governmental change results in the confiscation of the national’s funds. Unless the instrument clearly expresses intentions of payment of such a debt in United States dollars in the United States only the national’s expectation of ultimate payment here may prove illusory.
Plaintiff is a Cuban citizen, currently residing in the United States in exile. Plaintiff’s husband was the…
2Cases cited11 opinions
- Banco Nacional De Cuba v. SabbatinoSupreme Court of the United States · 1964
- Alfred Dunhill of London, Inc. v. Republic of CubaSupreme Court of the United States · 1976
- Underhill v. HernandezSupreme Court of the United States · 1897
- Sokoloff v. National City BankNew York Court of Appeals · 1928
- French v. Banco Nacional de CubaNew York Court of Appeals · 1968
6 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Vishipco Line v. Chase Manhattan Bank, N.A.Court of Appeals for the Second Circuit · 1981
- Libra Bank Ltd. v. Banco Nacional De Costa Rica, S.A.District Court, S.D. New York · 1983
- Perez v. Chase Manhattan Bank, N. A.New York Court of Appeals · 1984
- Vishipco Line v. Chase Manhattan BankCourt of Appeals for the Second Circuit · 1981
- Perez v. Chase Manhattan BankAppellate Division of the Supreme Court of the State of New York · 1983