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OMEGA INTERN. v. INTERSTATE STEEL DE PUERTO RICO

Civ. No. 82-2519.

590 F.Supp. 844 (1984)

OMEGA INTERNATIONAL CORP., David J. Sheehan, Plaintiffs, v. INTERSTATE STEEL DE PUERTO RICO, INC., Defendant.

United States District Court, D. Puerto Rico.

July 9, 1984.

Attorney(s) appearing for the Case

Rexach & Pico, Maria Emilia Pico, Hato Rey, P.R., for plaintiffs.

David Indiano, San Juan, P.R., for Sea Land, Jimenez and Fuste.

Andres Garcia Arregui, Santurce, P.R., for Fullerton Int'l.

Doval, Muñoz, Acevedo, Otero & Trias, Omar Cancio Martinez, San Juan, P.R., for General Elec.

Colorado, Martinez & Odell, Patrick Duffy O'Neill, Hato Rey, P.R., for defendant and intervenors Russel, Steel Master, and Arrow Steel.

Figueroa & Nassar, Hato Rey, P.R., for Diversified.

Jose Gonzalez Borgos, Fiddler, Gonzalez & Rodriguez, San Juan, P.R., for Chase Manhattan Bank.

ORDER

PIERAS, District Judge.

On February 27, 28 and 29, 1984 an evidentiary hearing was held to determine whether time deposit No. 07-4622 in the amount of $50,000.00 dated 1-24-83 in the name of defendant herein, Interstate Steel of Puerto Rico, was, as a matter of law, held in pledge by The Chase Manhattan Bank on March 10th, 1983. (Joint Exhibit 1). Said time deposit was attached by plaintiff, Omega International Corp., on March 10th, 1983 pursuant to...

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