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SALOMON, ETC. v. ISRAEL DISCOUNT BANK

No. 79 Civ. 6532 RLC.

494 F.Supp. 914 (1980)

SALOMON ENGLANDER Y CIA, LTDA, Plaintiff, v. ISRAEL DISCOUNT BANK, LIMITED, Defendant and Third-Party Plaintiff, v. SUZ-ETTE FASHIONS, INC., Third-Party Defendant.

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

July 30, 1980.

Attorney(s) appearing for the Case

Haight, Gardner, Poor & Havens, New York City, for plaintiff; G. W. Paulsen, B. I. Weinstein and M. J. Machado, New York City, of counsel.

Robert J. Seymour, New York City, for defendant and third-party plaintiff; Virginia S. Price, New York City, of counsel.

Ruben Schwatz, Lasker & Schnall, New York City, for third-party defendant; Harold W. Paul, New York City, of counsel.

OPINION

ROBERT L. CARTER, District Judge.

Plaintiff, a Chilean corporation whose principal place of business is Santiago, Chile, brings this action against Israel Discount Bank ("IDB"), an Israeli corporation, for claims arising from a letter of credit issued by defendant for plaintiff's benefit, upon application of third-party defendant Suzette Fashions, Inc. ("Suz-ette"), a New York corporation. Suz-ette, in turn has asserted claims against plaintiff arising...

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