Chisholm and Company and the Bank of Jamaica agreed that Chisholm was to arrange lines of credit from a number of banks and was to obtain ExIm Bank credit insurance. The Bank of Jamaica then "went around" Chisholm and dealt with ExIm Bank directly. It excluded Chisholm from receiving any benefit from the credit insurance that ExIm Bank provided. Chisholm sued the Bank of Jamaica. In its defense, the bank asserted that its actions were protected by sovereign immunity and the act of state doctrine. Were the bank's assertions correct? [Chisholm and Company v. Bank of Jamaica, 643 F.Supp. 1393, S.D. Fla. (1986)]