DE HERNANDEZ v. BANK OF NOVA SCOTIA

3058, 3058A, 3058B, 601518/06

76 A.D.3d 929 (2010)

908 N.Y.S.2d 45

RITA MARIA SANCHEZ DE HERNANDEZ et al., Appellants, v. BANK OF NOVA SCOTIA, Respondent.

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

Decided September 30, 2010.


Plaintiffs are Mexican citizens who, along with other Mexican citizens, were shareholders in a financial company (herein GFI/Inverlat) that, in 1994, during the economic crisis in Mexico, was unable to collect on and repay loans, resulting in the need for additional capital to satisfy regulatory requirements. In December 1995, the Mexican government lent GFI/Inverlat 6.5 billion pesos (approximately US $857.5 million), taking in return

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases