Banco Ambrosiano v. Artoc Bank & Trust Ltd.

New York Court of Appeals · Decided 1984-05-10

Cited by 117 later decision(s) in our corpus · see the citation network in Lexace

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OPINION OF THE COURT Wachtler, J. Plaintiff commenced this action by the attachment of approximately $8 million, representing the balance of defendant’s account with its New York correspondent bank. Defendant’s appeal, taken pursuant to leave granted by the Appellate Division, focuses primarily on the question of whether this attempted assertion of quasi-in-rem jurisdiction over defendant’s property is consi…

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