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Libra Bank Limited, et al. v. Banco Nacional de Costa Rica, S.A. 676 F.2d 47
Published online by Cambridge University Press: 27 February 2017
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- Type
- Judicial Decisions
- Information
- Copyright
- Copyright © American Society of International Law 1982
References
1 See 28 U.S.C. §1603.
2 676 F.2d 47, 49.
3 Ibid.
4 Ibid.
5 Id. at 50.
6 Ibid. But see New England Merchants Nat’l Bank v. Iran Power Generation Transmission Co., 502F.Supp. 120, 127 (S.D.N.Y. 1980) (“ ‘[t]he consent necessary to waive [a] traditional immunity must be express, and it must be strictly construed.’. . . Thus, application of merely the ‘ordinary principles of construction’ is inappropriate when the construction of a waiver of sovereign immunity is at stake”) (quoting United States v. New York Rayon Importing Co., 329 U.S. 654, 659 (1947)).
7 Compare New England Merchants Nat’l Bank v. Iran Power Generation Transmission Co., 502 F.Supp. 120 (S.D.N.Y. 1980), summarized in 75 AJIL 375 (1981) (Treaty of Amity between the United States and Iran held not to constitute an explicit waiver of prejudgment attachment) with Behring Int’l, Inc. v. Imperial Iranian Air Force, 475 F.Supp. 383 (D.N J. 1979) (Treaty of Amity between the United States and Iran held to waive immunity from prejudgment attachment).