ELLIOTT ASSOCIATES, L.P. v. BANCO DE LA NACION

Docket Nos. 98-9268, 98-9319

194 F.3d 363 (1999)

ELLIOTT ASSOCIATES, L.P., Plaintiff-Appellant, v. BANCO DE LA NACION and the Republic of Peru, Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided: October 20, 1999.


Attorney(s) appearing for the Case

Otto G. Obermaier, New York City (Brian S. Rosen, Eli Gottesdiener, Steven Shebar, Ross Morrison, Richard A. Simon, Daniel C. Richman, Weil, Gotshal & Manges, New York City), for Plaintiff-Appellant.

Mark A. Cymrot, Washington, D.C. (Peder A. Garske, Mark I. Bailen, Barbra M. Kolton, Baker & Hostetler, Washington, D.C.), for Defendants-Appellees.

Thomas Moers Mayer and Philip Bentley, Kramer Levin Naftalis & Frankel LLP, New York City, for Amici Curiae Angelo, Gordon & Co., L.P., The Baupost Group LLC, Contrarian Capital Management, LLC, Franklin Mutual Advisers, Inc. and Van Eck Associates Corporation.

Nancy Jacklin, Clifford Chance, New York City, and Paul Saltzman and Sarah M. Starkweather, The Bond Market Association, New York City (Jayne S. Robinson and K. Ann McDonald, Robinson, Murphy & McDonald, New York City, of counsel), for Amicus Curiae The Bond Market Association.

Jeffrey T. Kraus and Jeffrey P. Dejong, Altheimer & Gray, Chicago, Illinois, for Amicus Curiae The Commercial Law League of America.

Danforth Newcomb and Richard A. Lingg, Shearman & Sterling, New York City (Michael M. Chamberlin, Aviva Werner, Emerging Markets Traders Association, New York City, of counsel), for Amicus Curiae Emerging Markets Traders Association.

Steven J. Blauner, Milbank, Tweed, Hadley & McCloy, New York City, for Amicus Curiae Loan Syndications & Trading Association, Inc.

Before: McLAUGHLIN, LEVAL, and MICHEL, Circuit Judges.


MICHEL, Circuit Judge:

Plaintiff-Appellant Elliott Associates, L.P. ("Elliott") appeals from the amended final judgments entered by the United States District Court for the Southern District of New York on September 3 and 15, 1998. The district court, after a bench trial, dismissed with prejudice Elliott's complaints seeking damages for the non-payment of certain debt by Defendants-Appellees The Republic of Peru ("Peru") and Banco de la Nacion ("Nacion") (together...

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