MERCHANTS BANK OF NEW YORK v. CREDIT SUISSE BANK

No. 83 Civ. 6277 (RLC).

585 F.Supp. 304 (1984)

The MERCHANTS BANK OF NEW YORK, Plaintiff, v. CREDIT SUISSE BANK, Defendant.

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

April 20, 1984.


Attorney(s) appearing for the Case

Simon, Meyrowitz & Meyrowitz, New York City, for plaintiff; Paul Meyrowitz, New York City, of counsel.

Milbank, Tweed, Hadley & McCloy, New York City, for defendant; Andrew J. Connick, Sarah C. Lichtenstein, New York City, of counsel.


OPINION

ROBERT L. CARTER, District Judge.

Defendant Credit Suisse Bank ("Credit Suisse") brings this motion to dismiss the complaint against it pursuant to Rule 12(b)(6), F.R.Civ.P., for failure to state a claim on which relief can be granted. Credit Suisse was sued by the Merchants Bank of New York ("Merchants") for damages which Merchants claims it sustained in consequence of Credit Suisse's wrongful dishonor of an irrevocable letter of credit. Merchants...

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