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FOXBORO CO. v. ARABIAN AMERICAN OIL CO.

Civ. A. No. 86-623-K.

634 F.Supp. 1226 (1986)

The FOXBORO COMPANY, Plaintiff, v. ARABIAN AMERICAN OIL COMPANY, Saudi-American Bank, and Citibank International, Defendants.

United States District Court, D. Massachusetts.

April 30, 1986.

Attorney(s) appearing for the Case

Douglas P. Woodlock, Allan J. Sullivan, Sally A. VanderWeele, Goodwin, Procter & Hoar, Boston, Mass., for plaintiff.

John M. Harrington, Jr., Douglas H. Meal, Ropes & Gray, Boston, Mass., for Arabian American Oil Co.

Richard F. Lawler, William Van Orden Gnichtel, Whitman & Ransom, New York City, for Saudi-American Bank.

Francis H. Fox, Richard L. Burpee, Bingham, Dana & Gould, Boston, Mass., for Citibank Intern.

MEMORANDUM AND ORDER

KEETON, District Judge.

Plaintiff, the Foxboro Company ("Foxboro"), brings this action against Arabian American Oil Company ("Aramco"), Saudi-American Bank ("Samba"), and Citibank International ("Citibank Int.") alleging "a recent wrongful and fraudulent demand" (Complaint, paragraph 1) made by Aramco for payment upon a guarantee issued by Samba ("the Samba guarantee") on behalf of Foxboro and a letter of credit issued by Citibank Int...

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