X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
http://nycourts.law.com/CourtDocumentViewer.asp?view=Document&docID=46994 Judge Koeltl DEFENDANTS ARE international organizations that entered into two separate loan agreements with plaintiff to provide partial financing for plaintiff’s toll road construction project in Ecuador. Plaintiff sued for breach of contract after defendants refused to make disbursements allegedly due under the respective agreements. The court denied defendants’ motions to dismiss for improper venue, finding that plaintiff established that activity in New York played a substantial role in the formation of the agreements. The court noted that defendants hired a New York law firm to review and comment on the agreements and that the firm communicated with defendants from New York via telephone, e-mail and mail. The court added that, while negotiations occurred in and between various places, the parties drafted and developed the agreement with the assistance of New York counsel working from New York and that plaintiff made payments to New York bank accounts for the legal services for all parties.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 3 articles* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.