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BANCO NACIONAL DE CUBA v. CHASE MANHATTAN BANK

Nos. 111, 192, Dockets 80-7375, 80-7377.

658 F.2d 875 (1981)

BANCO NACIONAL DE CUBA, Plaintiff-Appellant-Cross-Appellee, v. CHASE MANHATTAN BANK, Defendant-Appellee-Cross-Appellant.

United States Court of Appeals, Second Circuit.

Decided August 4, 1981.

Attorney(s) appearing for the Case

Victor Rabinowitz, New York City (Michael Krinsky, Judith Levin, Rabinowitz, Boudin, Standard, Krinsky & Lieberman, New York City, on the brief), for plaintiff-appellant-cross-appellee.

Andrew J. Connick, New York City (Milbank, Tweed, Hadley & McCloy, New York City, on the brief), for defendant-appellee-cross-appellant.

Before LUMBARD, VAN GRAAFEILAND, and KEARSE, Circuit Judges.

KEARSE, Circuit Judge:

This is an appeal from a final judgment in one of a number of cases arising out of the revolution in the Republic of Cuba in the late 1950's and the subsequent expropriation by the Cuban government of properties owned by American companies.1 In the present action, Banco Nacional de Cuba ("Banco Nacional"), a Cuban state-owned bank, sought to recover $9,794,022 from Chase Manhattan Bank ("Chase") on claims whose validity...

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