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CONTITRADE SERVICES CORP. v. EDDIE BAUER, INC.

No. 91 Civ. 6002 (CSH).

794 F.Supp. 514 (1992)

CONTITRADE SERVICES CORPORATION, Plaintiff, v. EDDIE BAUER, INC. and Seattle-First National Bank, N.A., Defendants. EDDIE BAUER, INC., Counter-Plaintiff, v. CONTITRADE SERVICES CORPORATION, Media Industries, Inc., and Saratoga, Inc., Counter-Defendants.

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

July 2, 1992.

Attorney(s) appearing for the Case

Thacher Proffitt & Wood, New York City (Robert F. Brodegaard, of counsel), for plaintiff.

Zeicher Ellman & Krause, New York City (Stephen F. Ellman, James J. Bjorkman, of counsel), for defendant Seattle-First Nat. Bank, N.A.

Mendes & Mount, New York City (James C. Miller, of counsel), for defendant Eddie Bauer, Inc.

MEMORANDUM OPINION AND ORDER

HAIGHT, District Judge:

This case arises out of defendant Seattle-First National Bank, N.A.'s ("SeaFirst") refusal to pay plaintiff on certain letters of credit issued on behalf of Eddie Bauer, Inc. ("Eddie Bauer").

This case is before the Court on plaintiff's motion to remand the action to state court.

For the reasons set forth below, plaintiff's motion is denied.

BACKGROUND

In or about 1990...

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