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AMKOR CORPORATION v. BANK OF KOREA

No. 61 Civ. 4447.

298 F.Supp. 143 (1969)

AMKOR CORPORATION, Debtor-in-Possession, Plaintiff, v. The BANK OF KOREA, Defendant.

United States District Court S. D. New York.

April 24, 1969.

Attorney(s) appearing for the Case

Gladstone & Lowell, New York City, for plaintiff, Milton Broadman, of counsel.

Maxwell T. Cohen, New York City, for defendant.

OPINION

FREDERICK van PELT BRYAN, District Judge:

Defendant Bank of Korea moves to dismiss the complaint of plaintiff Amkor Corporation on the ground that it is entitled to sovereign immunity and is immune from suit.

Plaintiff alleges that on or about July 20, 1960 it entered into an agreement with defendant to sell machinery and equipment to be used in the construction of a caustic soda plant located at Inchon, Korea for a price of $534,600 and...

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