FIRST CHICAGO INTERN. v. UNITED EXCHANGE CO., LTD.

No. 87-7059.

836 F.2d 1375 (1988)

FIRST CHICAGO INTERNATIONAL, Appellant, v. UNITED EXCHANGE CO., LTD., et al.

United States Court of Appeals, District of Columbia Circuit.

Decided January 19, 1988.


Attorney(s) appearing for the Case

James vanR. Springer, with whom David I. Shapiro and Mary-Patrice Brown, Washington, D.C., were on the brief, for appellant. John T. Kotelly and Peter J. Kadzik, Washington, D.C., also entered appearances for appellant.

Eugene M. Propper, with whom Dwight D. Meier, W. Gregg Kerr and Robert C. Zimmer, Washington, D.C., were on the brief for appellees, Petra Bank and Petra Intern. Banking Corp. Richard G. Reed and D. Richard Funk also entered appearances for appellees.

Stephen P. Kling, with whom John K. Crummey, Annapolis, Md., was on the brief for appellees, United Exchange Co., Ltd., et al.

Before WALD, Chief Judge, SENTELLE, Circuit Judge, and GIBSON, Senior Circuit Judge.


Opinion for the Court filed by Chief Judge WALD.

WALD, Chief Judge:

The transactions that led to this lawsuit involved four principal parties. Appellant First Chicago International Bank (FCI) has its principal place of business in New York. Appellees are United Exchange Company, a currency trading company with its sole place of business in Jordan; Petra Bank (Petra), a Jordanian banking concern; and Petra International Banking Corporation (PIBC), a subsidiary...

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