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MATTER OF GATX FLIGHTLEASE AIRCRAFT COMPANY LIMITED v. AIRBUS S.A.S.

40 A.D.3d 445 (2007)

834 N.Y.S.2d 659

In the Matter of GATX FLIGHTLEASE AIRCRAFT COMPANY LIMITED, Respondent, and FLIGHTLEASE HOLDINGS (GUERNSEY) LIMITED, Intervenor-Respondent, v. AIRBUS S.A.S., Formerly Known as AIRBUS INDUSTRIE, Appellant.

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided May 22, 2007.

The motion court correctly found that the issue of the collateral estoppel effect to be given a Cayman Islands judgment was governed by Cayman law (see e.g. Watts v Swiss Bank Corp., 27 N.Y.2d 270, 275 [1970]; Weiss v La Suisse, Societe D'Assurances Sur La Vie, 293 F.Supp.2d 397, 405...

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