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WALPEX TRADING v. YACIMIENTOS PETROLIFEROS

No. 84 Civ. 4364 (PKL).

712 F.Supp. 383 (1989)

WALPEX TRADING CO., Plaintiff, v. YACIMIENTOS PETROLIFEROS FISCALES BOLIVANOS, Defendant.

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

May 1, 1989.

Attorney(s) appearing for the Case

Lane & Mittendorf, New York City (Edward C. Cerny III, of counsel), for plaintiff.

Gibson, Dunn & Crutcher, New York City (Mitchell A. Karlan, of counsel), for defendant.

OPINION AND ORDER

LEISURE, District Judge.

This extraordinary case has, over the course of several years, consumed more legal, financial and judicial resources in the litigation of essentially threshold issues than scores of cases that have been filed, resolved and forgotten in this Court during the same time period.

This is an action for breach of contract. Plaintiff Walpex Trading Co., Inc. ("Walpex") is engaged in the business of exporting goods...

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