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2.44 MB
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Extraction Summary

1
People
10
Organizations
3
Locations
1
Events
3
Relationships
4
Quotes

Document Information

Type: Legal opinion / court document (federal supplement page)
File Size: 2.44 MB
Summary

This document is a page from a 2005 legal opinion (349 F.Supp.2d 765) regarding the 'In Re Terrorist Attacks on September 11, 2001' litigation. It discusses legal tests for sovereign immunity under the FSIA, specifically analyzing whether entities like the KDIC (Korea) and PIF (Saudi Public Investment Fund) qualify as organs of a foreign state or political subdivisions. The document bears a 'HOUSE_OVERSIGHT' bates stamp, indicating it was part of a production to the House Oversight Committee, likely related to investigations into foreign financial ties or the 9/11 litigation itself, though no specific mention of Jeffrey Epstein appears on this page.

People (1)

Name Role Context
Al-Wohaibi Affiant
Mentioned in citation 'Al-Wohaibi Aff. ¶¶ 9, 12' regarding NCB's submission.

Organizations (10)

Name Type Context
KDIC
Korea Deposit Insurance Corporation; discussed as an organ of Korea.
Ministry of Finance and Economy
Of the Republic of Korea; appoints KDIC directors.
PIF
Public Investment Fund; analyzed regarding sovereign immunity status.
Council of Ministers
Of the Kingdom (Saudi Arabia); supervises the PIF.
NCB
National Commercial Bank; submits arguments regarding PIF's legal status.
Ministry of Finance
Of the Kingdom (Saudi Arabia); PIF holds property on behalf of.
Second Circuit
Court of Appeals; provided precedent on sovereign immunity.
Supreme Court
Referenced regarding reasoning in Dole Food case.
Syria Shell Petroleum Dev. B.V.
Party in cited case Kelly v. Syria Shell Petroleum.
La Fuerza Aerea Boliviana
Party in cited case Transaero, Inc. v. La Fuerza Aerea Boliviana.

Timeline (1 events)

September 11, 2001
Terrorist Attacks referenced in the case title.
USA

Locations (3)

Location Context
Southern District of New York (Court jurisdiction).
Foreign state associated with KDIC.
Refers to Saudi Arabia (implied by PIF/Council of Ministers context).

Relationships (3)

directors are appointed by the Ministry of Finance and Economy
PIF Supervisory Council of Ministers
supervised by the Kingdom's Council of Ministers
PIF Representative Ministry of Finance
NCB submits the PIF... generally holds property on behalf of, the Ministry of Finance

Key Quotes (4)

"The Second Circuit held that the KDIC was an organ of Korea because it was formed by statute and presidential decree"
Source
HOUSE_OVERSIGHT_017856.jpg
Quote #1
"it would appear the PIF is also an organ. It was created by royal decree, it is supervised by the Kingdom's Council of Ministers"
Source
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Quote #2
"NCB submits the PIF sues and is sued as, and generally holds property on behalf of, the Ministry of Finance."
Source
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Quote #3
"the Court finds on the record before it that the PIF's emphasis on commercial projects precludes a finding that its core functions are governmental in nature."
Source
HOUSE_OVERSIGHT_017856.jpg
Quote #4

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