Oldham v. Ehrlich

How courts have described this case

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

• act of state doctrine did not apply where parties agreed that certificate was repayable at any Chase bank around the world, and not solely Cuba
• \An action for breach of contract must be brought within six years of the accrual of the cause of action.\
• bank surrendered plaintiff’s funds to the Cuban government without requiring presentation of the CDs
• agreement between the parties was that “Chase’s main office in New York would guarantee the certificate [of deposit] and that [the depositors] could be repaid by presenting the certificate at any Chase branch worldwide”
• agreement between the parties was that \Chase's main office in New York would guarantee the certificate [of deposit] and that [the depositors] could be repaid by presenting the certificate at any Chase branch worldwide\
• purpose of the agreement was “to ensure that, no matter what happened in Cuba, including seizure of the debt, Chase would still have a contractual obligation to pay the depositors upon presentation of their CDs”

Source: CourtListener parenthetical corpus (CC0).