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FINANZ AG ZURICH v. BANCO ECONOMICO S.A.

Docket No. 98-7770

192 F.3d 240 (1999)

FINANZ AG ZURICH, Plaintiff-Appellant, v. BANCO ECONOMICO S.A., Defendant-Appellee.

United States Court of Appeals, Second Circuit.

Decided: October 7, 1999.

Attorney(s) appearing for the Case

Henry Weisburg, Shearman & Sterling, New York, N.Y. (Karl A. Cole-Frieman, of counsel), for Plaintiff-Appellant Finanz AG Zurich.

Michael J. Canning, Arnold & Porter, New York, N.Y. (Marla Eisland, New York, NY, Whitney Debevoise and Michael B. Mierzewski, Washington, DC, of counsel), for Defendant-Appellee Banco Economico S.A.

Before: CABRANES and STRAUB, Circuit Judges, and McCURN, District Judge.

STRAUB, Circuit Judge:

Plaintiff Finanz AG Zurich ("Finanz") appeals from a judgment of the United States District Court for the Southern District of New York (Shira A. Scheindlin, Judge ), dismissing its complaint on the ground of comity. Finanz sought to recover on certain promissory notes allegedly guaranteed by the defendant, Banco Economico S.A. ("BESA"). However, BESA is currently subject to an extrajudicial liquidation in Brazil, and the District Court...

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