District Court, N.D. Alabama September 1, 1982, No. 79-C-1272-E (Jackson v. People's Republic of China)

MEMORANDUM OPINION

U. W. CLEMON, District Judge.

Plaintiffs, holders of certain bonds issued by the Imperial Chinese Government in 1911, brought this action against the People’s Republic of China seeking payment of those bonds which are now in default. Plaintiffs filed suit pursuant to the Foreign Sovereign Immunities Act of 1976, 28 U.S.C. §§ 1330, 1391 and 1602 et seq.