Transaero, Inc. v. La Fuerza Area Boliviana, an Instrumentality of the Republic of Bolivia, a Foreign State

How courts have described this case

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

• holding that the amount in controversy included both the principal and the interest payable over the life of the contract
• holding that an adversary’s “up-front submission of [the] documentary evidence [on which a party had based its claim of fraud to the district court] fundamentally undermines [the party’s] claim of fraud on the court”
• explaining that when interest “is owed as part of an underlying contractual obligation[,]” it is “part of the principal for jurisdictional purposes”
• “[W]here . . . interest is owed as part of an underlying contractual obligation, unpaid interest becomes part of the principal for jurisdictional purposes.”
• “For purposes of diversity jurisdiction, a limited liability 25 company ‘is a citizen of every state of which its owners/members are citizens.’”
• “It seems clear under Edwards [v. Bates County, 163 U.S. 269 (1896)] that where, as here, interest is owed as part of an underlying contractual obligation, unpaid interest becomes part of the principal for jurisdictional purposes.”

Source: CourtListener parenthetical corpus (CC0).