Indosuez International Finance B v. v. National Reserve Bank

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that plaintiff reasonably relied on the apparent authority of defendant’s “deputy chairperson” to sign contract on defendant’s behalf
• finding that New York is “the place of performance because the affected party is to be paid through [New York bank]”
• concluding that a New York forum-selection clause established personal jurisdiction
• exercising personal jurisdiction over defendant because the agreement included an “express submission to New York jurisdiction”
• “The existence of apparent authority depends upon a factual showing that the third party relied upon the misrepresentation of the agent because of some misleading conduct on the part of the principal— not the agent.”
• “The existence of ‘apparent authority’ depends upon a factual showing that the third party relied upon the misrepresentation of the agent because of some misleading conduct on the part of the principal . . . .” (citation omitted)

Source: CourtListener parenthetical corpus (CC0).