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LAVAN PETROLEUM COMPANY v. UNDERWRITERS AT LLOYDS

No. 71 Civ. 244.

334 F.Supp. 1069 (1971)

LAVAN PETROLEUM COMPANY et al., Plaintiffs, v. UNDERWRITERS AT LLOYDS et al., Defendants.

United States District Court, S. D. New York.

August 5, 1971.

Attorney(s) appearing for the Case

Kirlin, Campbell & Keating, New York City, for plaintiffs; Louis J. Gusmano, Charles N. Fiddler, John R. Geraghty, New York City, of counsel.

Mendes & Mount, New York City, for defendant Underwriters at Lloyds; Alfred A. Lohne, William J. Russonello, New York City, of counsel.

OPINION

COOPER, District Judge.

Plaintiffs, pursuant to 28 U.S.C. § 1447(c), seek to remand this litigation to the New York State Supreme Court. Four plaintiffs are American oil companies: ARCO Exploration, Inc., Murphy Middle East Oil Co., Iranian Sun Oil Co., (Delaware corporations), and Union Oil Company of Iran (a California corporation) —the "citizen corporations." The remaining two plaintiffs, Lavan Petroleum Co. and National Iranian Oil...

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