Sussman Ex Rel. Guilden v. Bank of Israel

How courts have described this case

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

• stating that “the place where the victim of fraud or negligence suffered economic loss [is] less significant for choice of law purposes than the law of the place by which the defendant’s conduct is evaluated.”
• investors in Israeli bank brought suit in New York against agencies of Israeli government, private Israeli financial institution, and Israeli citizens due to Israeli government-ordered liguidation of bank
• ‘Where an American plaintiff chooses to invest in a foreign country and then complains of fraudulent acts occurring primarily in that country, the plaintiffs ability to rely upon citizenship as a talisman against forum non con-veniens dismissal is diminished.”
• bank’s “use of its New York Branch ... to route the loan proceeds ... cannot be regarded, in the overall scheme of things, as other than peripheral,” and this is true “even if this routing of the funds was for the purpose of evading Israeli law”
• bank’s “use of its New York Branch ... to route the loan proceeds ... cannot be regarded, in the overall scheme of things, as other than peripheral,” and this is true “even if this routing of the funds was for the purpose of evading Israeli law”

Source: CourtListener parenthetical corpus (CC0).