United States Second Circuit
Licci ex rel. Licci v. Lebanese Canadian Bank, SAL, 10-1306
Plaintiffs' motion for this Court to permit them to file a petition for rehearing despite the fact that a judgment had yet to issue in this appeal, is granted only insofar as it regards the filing of a petition for panel rehearing, and the petition is denied, because: 1) it is the place of the allegedly wrongful conduct that generally has superior interests in protecting the reasonable expectations of the parties who relied on the laws of that place to govern their primary conduct and in the admonitory effect that applying its law will have on similar conduct in the future; and 2) New York law, rather than Israeli law, governs plaintiffs' claims because New York has an overriding interest in regulating the conduct of banks operating within its borders. (Amended opinion)
Appellate Information
- Decided 01/09/2014
- Published 01/09/2014
Judges
- PER CURIAM
Court
- United States Second Circuit