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BANCO NACIONAL DE CUBA v. SABBATINO

193 F.Supp. 375 (1961)

BANCO NACIONAL DE CUBA, Plaintiff, v. Peter L.F. SABBATINO as Receiver, and F. Shelton Parr, William F. Prescott, Emet Whitlock, Lawrence H. Dixon, H. Bartow Farr, Elizabeth C. Prescott, Fabio Freyre and Helen G. Downs, copartners doing business as Farr, Whitlock & Co., Defendants.

United States District Court S. D. New York.

March 31, 1961.

Attorney(s) appearing for the Case

Rabinowitz & Boudin, New York City, for plaintiff, Victor Rabinowitz, New York City, of counsel.

Harold L. Fisher and Ross J. DiLorenzo, Brooklyn, N. Y., for defendant Peter L. F. Sabbatino.

Choate, Mitchell, Baker & Nelson, New York City, for defendant Farr, Whitlock & Co., Robert L. Augenblick, Winthrop S. Emmet, New York City, of counsel.

DIMOCK, District Judge.

There are six motions before me in this complicated commercial litigation having its genesis in the Cuban nationalization situation.

The action centers about title to a sugar shipment which plaintiff, the financial agent of the Cuban government, asserts by reason of expropriation of the property of Compania Azucarera Vertientes-Camaguey, hereinafter C.A.V., a Cuban corporation, under a nationalization decree. The proceeds of the sale...

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