CONNECTICUT BANK OF COMMERCE v. REPUBLIC OF CONGO

No. 01-50409.

309 F.3d 240 (2002)

CONNECTICUT BANK OF COMMERCE, Plaintiff-Appellant-Cross-Appellee, v. REPUBLIC OF CONGO, Defendant-Appellee, CMS Oil and Gas Company; CMS Oil and Gas (International) Company; CMS Nomeco International Congo Holdings, Inc.; CMS Nomeco Congo, Inc.; CMS Oil and Gas (Holdings), Ltd.; CMS Oil and Gas (International) Ltd.; CMS Nomeco Congo LDC; CMS Oil and Gas (Congo) Ltd.; Nuevo Energy Company; The Congo Holding Company; The Nuevo Congo Company; Nuevo Congo Ltd.; Nuevo International, Inc.; Nuevo International Holdings Ltd., Garnishees-Appellees-Cross-Appellants.

United States Court of Appeals, Fifth Circuit.

As Amended on Rehearing August 29, 2002.


Attorney(s) appearing for the Case

John G. Kester (argued), Jonathan Park Graham, Williams & Connolly, Washington, DC, for Plaintiff-Appellant-Cross-Appellee.

George Weisz (argued), Cleary, Gottlieb, Steen & Hamilton, New York, NY, Donald Scott Thomas, Jr., Clark, Thomas & Winters, Austin, TX, for Defendant-Appellee.

Guy Stanford Lipe (argued), Vinson & Elkins, Houston, TX, Marc E. Vockell, Vinson & Elkins, Austin, TX, for Garnishees-Appellees-Cross-Appellants.

Peter Buscemi, Mark N. Bravin, Morgan, Lewis & Bockius, Washington, DC, for Amicus Curiae Emerging Markets Creditors Ass'n Inc. Sovereign Immunity Working Group.

Before EMILIO M. GARZA, PARKER and DENNIS, Circuit Judges.


EMILIO M. GARZA, Circuit Judge:

The Connecticut Bank of Commerce appeals the district court's judgment that the Foreign Sovereign Immunities Act renders royalty and tax obligations owed by certain Texas oil companies to the Republic of Congo immune from garnishment.

A predecessor in interest to the Connecticut Bank of Commerce (hereinafter "the Bank") lent the Congo $6.5 million. In the loan agreement, the Congo waived...

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