Tag Archives: Nepal

Case of the Day: Chettri v. Nepal Bangladesh Bank

The case of the day is Chettri v. Nepal Bangladesh Bank (S.D.N.Y. 2014). Ashim Khattri Chettri did business as Tarala Internationals, Ltd. He and Wu Lixiang sued Nepal Bangladesh Bank, Ltd., Nepal Rastra Bank (Nepal’s central bank), the Nepali Department of Revenue Investigation, and Chase Manhattan Bank. Tarla, a Colorado company, was a supplier of clothing and military equipment to the Nepali government. Wu was associated with Constellation International Ltd., a Hong Kong company that acted as Tarla’s distributor. The claim was that the two Nepali banks and the Nepali government wrongfully froze funds in the plaintiffs’ bank accounts during a money laundering investigation.
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