BANQUE WORMS, S.A., Plaintiff,
v.
MESSRS. WORMS ET CIE, Banque Worms Et Cie. (Suisse), S.A., Jean Sevaux, Marc De La Fosse, Providence International Limited and Don F. Gaston, Defendants.
United States District Court, S.D. New York.https://leagle.com/images/logo.png
June 11, 1987.
June 11, 1987.
Attorney(s) appearing for the Case
Hughes Hubbard & Reed, New York City (George A. Davidson, Jeff H. Galloway and Joan R. Salzman, of counsel), for plaintiff.
Davis Polk & Wardwell, New York City (John P. Cooney, Jr., Lisa A. Huestis and Elizabeth Glaser, of counsel), for defendants Messrs. Worms et Cie. and Banque Worms et Cie. (Suisse), S.A.
Grand & Ostrow, New York City (Paul R. Grand and Diana Parker, of counsel), for defendants Jean Sevaux and Marc De La Fosse.
Curtis, Mallet, Prevost, Colt & Mosley, New York City (Peter E. Fleming, Jr., Eliot Lauer, Mark H. O'Donoghue and Daniel R. Lenihan, of counsel), for defendants Providence Intern. Ltd. and Don F. Gaston.
United States District Court, S.D. New York.
OPINION AND ORDER
WILLIAM C. CONNER, District Judge.
Banque Worms, S.A. ("Banque Worms"), is a French bank with a federally chartered branch in New York. In early 1982, Banque Worms was nationalized by the Republic of France. Prior to its nationalization, Banque Worms was controlled and slightly less than 50 percent owned by defendant Messrs. Worms & Cie. ("Worms & Cie."), a French partnership. Approximately...
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