Epstein Secrets

349 FEDERAL SUPPLEMENT, 2d SERIES function of "financing . . . investments in productive projects of a commercial na- ture"). NCB also urges that O'Connell Machin- ery Ca v. M.V. "Americana," 734 F.2d 115 (2d Cir.1984), mandates the finding that the PIF is a political subdivision of the Kingdom. In O'

ities through U.S. broker). In 2002, less than 2% of the securities NCB traded for its own account were issued by U.S. entities. Juco Decl. 1 15; Schenker, 2002 WL 1560788, at .3-5 (finding that a single bank account in the United States, constituting small fraction of defendant's total assets, is in

NCB Securities Inc., dissolved in Febru- ary 2001. Id. (citing Ex A of Juco Decl., the certified copy of the Certificate of Dis- solution); see also Schenker v. Assicura- zioni Generali, S.P.A, No. 98 Civ. 9186(MBM), 2002 WL 1560788, at • 4 (S.D.N.Y. July 15, 2002) (finding no per- sonal jurisdiction ov

BUFFETT,JAMES MYERS,STEPHEN E OCONNELL,LINDA P HIMMEL,WILLIAM J DENNIS,MIC

MESSING,JOAN WENZEL CARLINO,MARY J SCHEINER,DINA O'KAIN,DEBORAH L STEPHENSON,GA

nell Machin- ery Co. v. M.V. “Americana,” 734 F.2d 115 (2d Cir.1984), mandates the finding that the PIF is a political subdivision of the Kingdom. In O'Connell, the Second Cir- cuit reasoned that the legislative history of the FSIA indicated that “political subdivi- sions” were intended to include “all gov-

SNCB Securities Inc., dissolved in Febru- ary 2001. Jd. (citing Ex. A of Juco Decl. the certified copy of the Certificate of Dis- solution); see also Schenker v. Assicura- ziont Generali, S.P.A, No. 98 Civ. 9186(MBM), 2002 WL 1560788, at * 4 (S.D.N.Y. July 15, 2002) (finding no per- sonal jurisdiction over

securities through U.S. broker). In 2002, less than 2% of the securities NCB traded for its own account were issued by U.S. entities. Juco Decl. 915; Schenker, 2002 WL 1560788, at *3-5 (finding that a single bank account in the United States, constituting small fraction of defendant’s total assets, is insuf