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MORGAN GUAR. TRUST CO. v. REPUBLIC OF PALAU

No. 86 Civ. 0590 (RWS).

702 F.Supp. 60 (1988)

MORGAN GUARANTY TRUST COMPANY OF NEW YORK, Morgan Grenfell & Co., Limited, The Bank of Tokyo Limited, The Governor and Company of the Bank of Scotland and Orion Royal Bank Limited, Plaintiffs, v. REPUBLIC OF PALAU, Defendant.

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

December 9, 1988.

Attorney(s) appearing for the Case

Jones, Day, Reavis & Pogue, New York City (Robert Layton, Barry R. Satine, of counsel), Wilson, Elser, Moskowitz, Edelman & Dicker, New York City (Robert B. Wallace, of counsel), for plaintiffs.

Reboul, MacMurray, Hewitt, Maynard & Kristol, New York City (Wayne A. Cross, Stephen J. Riegel, Stephen P. Falvey, of counsel), for defendant.

OPINION

SWEET, District Judge.

Defendant Republic of Palau ("Palau") has moved under Rules 59(e) and 62(b), Fed.R.Civ.P., for this court to reconsider the opinion filed on August 8, 1988 in favor of the plaintiffs Morgan Guaranty Trust Company of New York, Morgan Grenfell & Co., Limited, The Bank of Tokyo Limited, The Governor and Company of the Bank of Scotland, and Orion Royal Bank, Limited (the "Banks") ("Opinion"), to vacate the judgment entered...

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