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NAT. AM. CORP. v. FEDERAL REPUBLIC OF NIGERIA

No. 76 Civ. 2745.

420 F.Supp. 954 (1976)

NATIONAL AMERICAN CORPORATION, Plaintiff, v. FEDERAL REPUBLIC OF NIGERIA and Central Bank of Nigeria, Defendants.

United States District Court, S. D. New York.

October 13, 1976.

Attorney(s) appearing for the Case

Finley, Kumble, Wagner, Heine, Underberg & Grutman, New York City, for plaintiff; Norman Roy Grutman, Jeffrey H. Daichman, Kenneth J. Gould, New York City, of counsel.

Kissam & Halpin, New York City, for defendants; Leo T. Kissam, James G. Simms, New York City, of counsel.

OPINION

EDWARD WEINFELD, District Judge.

Plaintiff, a Delaware corporation having a principal place of business in this district, commenced this action against the Republic of Nigeria ("Nigeria"), a foreign government, and the Central Bank of Nigeria ("Central Bank"), a foreign banking institution having its principal place of business in Lagos, Nigeria. Plaintiff seeks to recover from the defendants a sum in excess of $14,000,000, representing an unpaid...

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