Daniel Cavic v. Republic of Montenegro
Opinion
Trial Court Opinion
I. Background
On March 12, 2024, Plaintiff filed a Complaint, (Dkt. 1 (“Complaint”)), against Defendants asserting claims for (1) breach of contract, (2) fraud, (3) emotional distress, and ____________________________________________________________________________ __________________________________________________________________
UNITED STATES DISTRICT COURT
CENTRAL DISTRICT OF CALIFORNIA
CIVIL MINUTES – GENERAL
Case No. 8:24-cv-00526-FWS-JDE Date: September 20, 2024 Title: Daniel Cavic v. Republic of Montenegro et al. (4) a request for punitive damages. (Complaint at 14-18.) In summary, the Complaint alleges that after the former Yugoslavia broke up, a 2001 Succession Agreement of the Former Yugoslavia (“Succession Agreement”) named six states as the former Yugoslavia’s successors to its assets and liabilities: the Republics of Montenegro, Serbia, Bosnia and Herzegovina, North Macedonia, Croatia, and Slovenia (“Successor States”). (Id. at 4.) “Prior to Yugoslavia’s breakup, Plaintiff had deposits in Yugobanka, New York Agency” (“Yugobanka”). (Id. at 5.) Following the breakup of the former Yugoslavia, Plaintiff’s deposits were distributed…