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WALPEX TRADING v. YACIMIENTOS PETROLIFEROS

No. 84 Civ. 4364 (PKL).

789 F.Supp. 1268 (1992)

WALPEX TRADING CO., Plaintiff, v. YACIMIENTOS PETROLIFEROS FISCALES BOLIVIANOS, Defendant.

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

April 21, 1992.

Attorney(s) appearing for the Case

Lane & Mittendorf, New York City (Edward C. Cerny, III, of counsel), for plaintiff.

Gibson, Dunn & Crutcher, New York City (Mitchell A. Karlan, Dvora Wolff Rabino, G. Wade Leak, Roger C. Goodspeed, of counsel), for defendant.

OPINION AND ORDER

LEISURE, District Judge.

This is a breach of contract action brought by Walpex Trading Company ("Walpex"), a New York corporation engaged in international exports, against Yacimientos Petroliferos Fiscales Bolivianos ("YPFB"), an instrumentality of the Bolivian government which purchases supplies for that country's national oil program, with jurisdiction founded on section 1605(a)(2) of the Foreign Sovereign Immunities Act ("FSIA" or "Act...

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