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BANCO NACIONAL DE CUBA v. CHASE MANHATTAN BANK

Nos. 60 Civ. 4663-CLB, 61 Civ. 0410-CLB.

505 F.Supp. 412 (1980)

BANCO NACIONAL DE CUBA, Plaintiff, v. CHASE MANHATTAN BANK, Defendant. BANCO PARA EL COMERCIO EXTERIOR DE CUBA, Plaintiff, v. FIRST NATIONAL CITY BANK, Defendant.

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

January 4, 1980.

Attorney(s) appearing for the Case

Rabinowitz, Boudin, Standard, Krinsky & Lieberman by Victor Rabinowitz, New York City, for Cuba.

Milbank Tweed Hadley & McCloy by Andrew J. Connick, New York City, for Chase-Manhattan Bank.

Shearman & Sterling by Charles Manuel, New York City, for First Nat'l City Bank.

Davis Polk & Wardwell by James Benkard, James Kerr, New York City, for First Bank of Boston.

BRIEANT, District Judge.

The first of these actions was filed November 28, 1960 by Banco Nacional de Cuba (hereinafter "Banco Nacional") against Chase Manhattan Bank (hereinafter "Chase"). The second above entitled action was filed February 1, 1961 by Banco Para el Comercio Exterior de Cuba (hereinafter "Bancec") against First National City Bank (hereinafter "Citibank"). Both cases arise out of events following and connected with the recent Cuban Revolution and the...

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