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WALPEX TRADING CO. v. YPFB

No. 84 Civ. 4364 (DAB).

890 F.Supp. 300 (1995)

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

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

June 26, 1995.

Attorney(s) appearing for the Case

Edward C. Cerny, III and John LoBosco, Lane & Mittendorf, New York City, for plaintiff.

Mitchell A. Karlan and Robert E. Malchman, Gibson, Dunn & Crutcher, New York City, for defendant.

OPINION

BATTS, District Judge:

I. INTRODUCTION

This case originated as a breach of contract action brought by Walpex Trading Company ("Walpex"), a New York corporation engaged in international exports, against Yacimientos Petroliferos Fiscales Bolivianos ("YPFB"), an instrumentality of the Bolivian government which purchases supplies for that country's national oil program, with jurisdiction founded on section 1605(a)(2) of the Foreign Sovereign...

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