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WELTOVER, INC. v. REPUBLIC OF ARGENTINA

No. 89 Civ. 6926 (JES).

753 F.Supp. 1201 (1991)

WELTOVER, INC., Springdale Enterprises, Inc. and Bank Cantrade, A.G., Plaintiffs, v. REPUBLIC OF ARGENTINA and Banco Central De La Republica Argentina, Defendants.

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

January 3, 1991.

Attorney(s) appearing for the Case

Richard W. Cutler, New York City (Richard W. Cutler, of counsel), for plaintiffs.

Weil, Gotshal & Manges, New York City (Richard J. Davis, Bonnie Garone, Allison Corey Miller, of counsel), for defendants.

OPINION AND ORDER

SPRIZZO, District Judge:

Plaintiffs Weltover, Inc. ("Weltover"), Springdale Enterprises, Inc. ("Springdale"), and Bank Cantrade, A.G. ("Bank Cantrade"), bring this action against the Republic of Argentina ("Argentina") and Banco Central De La Republica Argentina ("Banco Central") alleging that the defendants have breached obligations arising out of the issuance of certain bonds. The defendants move to dismiss the action for lack of subject...

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