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NATIONAL PETROCHEMICAL CO. v. M/T STOLT SHEAF

No. 86 Civ. 7505.

722 F.Supp. 54 (1989)

NATIONAL PETROCHEMICAL CO. OF IRAN, Plaintiff, v. The M/T STOLT SHEAF, et al., Defendants.

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

October 4, 1989.

Attorney(s) appearing for the Case

Richard D. Gaines, New York City, for plaintiff.

Haight, Gardner, Poor & Havens, New York City (Brian D. Starer, Charles B. Anderson, Richard A. Menchini, Don P. Murnane, Jr., of counsel), for defendants.

MEMORANDUM AND ORDER

OWEN, District Judge:

This case is but one of the many consequences of Iran's having seized 52 American hostages in November, 1979. While Americans remained hostage and in retaliation for Iran's role in the hostage situation, President Carter by executive order embargoed exports from the United States of certain chemicals. Desperate for United States supplies, the plaintiff, National Petrochemical Co. ("NPC"), an instrument of the Iranian...

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