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AMERICAN EXPORT GROUP INTERNATIONAL SERVICES v. SALEM M. AL-NISF ELEC.

Civ. A. No. 87-0304.

661 F.Supp. 759 (1987)

AMERICAN EXPORT GROUP INTERNATIONAL SERVICES, INC., and Aegis Europe Limited, Plaintiffs, v. SALEM M. AL-NISF ELECTRICAL CO., W.L.L. and First American Bank, N.A., Defendants; The National Bank of Kuwait, Sak, Intervenor.

United States District Court, District of Columbia.

February 24, 1987.

Attorney(s) appearing for the Case

David N. Braus, Washington, D.C., for plaintiffs.

James F. Hibey, Denise M. Zavagno, Washington, D.C., for defendant First American Bank, N.A.

Jack McKay, John H. More, Washington, D.C., for intervenor The Nat. Bank of Kuwait.

MEMORANDUM

GESELL, District Judge.

This is an action to prevent payment in satisfaction of two irrevocable international standby letters of credit.

American Export Group International Services, Inc. and Aegis Europe Limited, its wholly owned foreign subsidiary ("plaintiff"), contracted with defendant Salem M. Al-Nisf Electrical Co., W.L.L. ("Salem"), a private company incorporated in Kuwait, to supply...

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