United States Eleventh Circuit
World Holdings LLC v. Fed. Repub. of Germany, 09-14359
In an action to obtain payment on certain bonds issued by the Federal Republic of Germany, the denial of Germany's motion to dismiss for lack of subject matter jurisdiction is affirmed where Article II of the Agreement Between the United States of America and the Federal Republic of Germany Regarding Certain Matters Arising from the Validation of German Dollar Bonds stated that no bond "shall be enforceable unless and until it shall be validated," but that did not necessarily mean that a plaintiff may not bring a legal action in the U.S. courts to seek enforcement of a bond that had not been validated.
Appellate Information
- Decided 08/09/2010
- Published 08/09/2010
Judges
- Norman H. Stahl
Court
- United States Eleventh Circuit