MINPECO S.A., Plaintiff,
v.
CONTICOMMODITY SERVICES, INC., Conticapital Management, Inc., Conticapital Limited, Norton Waltuch, Nelson Bunker Hunt, Lamar Hunt, William Herbert Hunt, International Metals Investment Co., Ltd., Sheik Mohammed Aboud Al-Amoudi, Sheik Ali Bin Mussalem, Naji Robert Nahas, Gilian Financial, Acli International Commodity Services, Inc., Banque Populaire Suisse, Advicorp Advisory and Financial Corporation, S.A., Mahmoud Fustok, Faisal Bin Abdullah, Merrill Lynch, Pierce, Fenner & Smith, Inc., Bache Halsey Stuart Shields, Inc., E.F. Hutton & Company, Inc., Commodity Exchange, Inc., and The Board of Trade of the City of Chicago, Defendants.
United States District Court, S.D. New York.https://leagle.com/images/logo.png
October 26, 1982.
October 26, 1982.
Attorney(s) appearing for the Case
Cole & Corette, P.C., Washington, D.C., for plaintiff; Theodore Sonde, John E. Corette, III, D. McCarty Thornton, Deborah M. House, Susan Bierman, Washington, D.C., Grand & Ostrow, Paul R. Grand, New York City, of counsel.
Hughes, Hubbard & Reed, New York City, Shank, Irwin, Conant & Williamson, Dallas, Tex., for defendants Nelson Bunker Hunt, William Herbert Hunt, and Lamar Hunt.
Arnold & Porter, Washington, D.C., Gilbert, Segall & Young, New York City, for defendant Banque Populaire Suisse.
Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for defendants Conticommodity Services, Inc., Conticapital Management, Inc., Conticapital Ltd., and Norton Waltuch.
Sullivan & Cromwell, New York City, for defendant Bache Halsey Stuart Shields Incorporated.
Curtis, Mallet-Prevost, Colt & Mosle, New York City, for defendant Mahmoud Fustok.
United States District Court, S.D. New York.
LASKER, District Judge.
The defendants listed in the margin1 move pursuant to Fed.R.Civ.Pr. 42(b) for an order directing a separate trial on the issue of loss. Defendants contend that Minpeco S.A. ("Minpeco"), is an "arm" of the Peruvian government, and therefore cannot recover damages for losses caused by a rise in the price of silver, because the Peruvian government as a whole benefitted from the rise in price. Defendants assert that...
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