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D'ANGELO v. PETROLEOS MEXICANOS

Civ. A. No. 74-17.

422 F.Supp. 1280 (1976)

James P. D'ANGELO, Receiver for Papantla Royalties Corporation, a dissolved Delaware Corporation, Plaintiff, v. PETROLEOS MEXICANOS, a decentralized Institution pertaining to the Republic of Mexico, Defendant.

United States District Court, D. Delaware.

On Motion for Reargument November 4, 1976.

Attorney(s) appearing for the Case

William H. Bennethum, III, Wilmington, Del., for plaintiff.

Arthur G. Connolly, Jr., of Connolly, Bove & Lodge, Wilmington, Del., for defendant; Manuel R. Angulo and Jose T. Moscoso, of Curtis, Mallet-Prevost, Colt & Mosle, New York City, of counsel.

STEEL, Senior District Judge:

The case is before the Court upon a motion of defendant for summary judgment which raises two "act of state" questions: (1) whether the decree of the President of Mexico dated March 18, 1938, which expropriated oil in Mexico owned by foreign nationals, an admitted act of state, had the effect of extinguishing the royalty and participating interests which Papantla Royalties Corporation ("Papantla") claims to have had in the expropriated...

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