Legal Opinion

NML Capital, Ltd. v. Banco Central De La República Argentina

Court of Appeals for the Second Circuit

Decided July 5, 2011No. Docket 10-1487-cv(L), 10-1488-cv(CON), 10-1493-cv(CON), 10-1507-cv(CON), 10-1510-cv(CON), 10-1524-cv(CON), 10-1529-cv(CON), 10-1545-cv(CON), 10-1603-cv(CON), 10-1629-cv(CON)PublishedCited by 32 opinions

1Opinion of the Court

JOSÉ A. CABRANES, Circuit Judge:

The question presented is whether certain assets held in the United States in an account of interested non-party-appellant Banco Central de la República Argentina (“BCRA”) at the Federal Reserve Bank of New York (“FRBNY”) are im mune from attachment and execution under the Foreign Sovereign Immunities Act of 1976, 28 U.S.C. § 1602 et seq. (“FSIA”). 1 For ease of reference, we refer to those assets as the “FRBNY Funds.”

In order to decide whether the FRBNY funds are immune from attachment or execution, we must first decide two questions of first impression in…

2Cases cited56 opinions

  1. Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
  2. Montana v. United StatesSupreme Court of the United States · 1979
  3. New Hampshire v. MaineSupreme Court of the United States · 2001
  4. Migra v. Warren City School District Board of EducationSupreme Court of the United States · 1984
  5. Taylor v. SturgellSupreme Court of the United States · 2008

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3Cited by32 opinions

  1. NML Capital, Ltd. v. Republic of ArgentinaCourt of Appeals for the Second Circuit · 2012
  2. Thai Lao Lignite (Thailand) Co. v. Government of the Lao People's Democratic RepublicDistrict Court, S.D. New York · 2013
  3. Blue Ridge Investments, L.L.C. v. Republic of ArgentinaCourt of Appeals for the Second Circuit · 2013
  4. NML Capital, Ltd. v. Republic of ArgentinaCourt of Appeals for the Second Circuit · 2012
  5. Guggenheim Capital, LLC v. Birnbaum (In re Birnbaum)United States Bankruptcy Court, E.D. New York · 2014

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

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