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COOPERATIVE CENTRALE RAIFFEISEN-BOERENLEEN v. NNIC

No. 91 Civ. 2119 (RPP).

778 F.Supp. 1274 (1991)

COOPERATIVE CENTRALE RAIFFEISEN-BOERENLEEN BANK B.A., Plaintiff, v. NORTHWESTERN NATIONAL INSURANCE COMPANY OF MILWAUKEE, WISCONSIN, Defendant.

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

November 19, 1991.

Attorney(s) appearing for the Case

Ferber Grilsheimer Chan & Essner, New York City by Robert N. Chan, for plaintiff.

Werner & Kennedy, New York City by Austin V. Campriello, for defendant.

OPINION AND ORDER

ROBERT P. PATTERSON, Jr., District Judge.

In this action a bank sues to recover on a surety bond due to the default of a limited partnership in making payments of interest and principal on a loan. Plaintiff moves for summary judgment under Fed.R.Civ.P. 56. Defendant has filed a cross-motion to stay this action pending the outcome of parallel litigation in the United States District Court for the Eastern District of Wisconsin. For the reasons...

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