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IMPULSE TRADING v. NORWEST BANK MINNESOTA, N.A.

Civ. No. 4-93-252.

870 F.Supp. 954 (1994)

IMPULSE TRADING, INC., Plaintiff, v. NORWEST BANK MINNESOTA, N.A., a Minnesota corporation; The State Bank of India, A National Bank Organized pursuant to the Laws of the State of India; Bank for Foreign Economic Relations of the U.S.S.R. (Vnesheconombank USSR), a National Bank Organized pursuant to the Laws of the Union of Soviet Socialist Republics, and its successor, the Central Bank of Russia, Defendants.

United States District Court, D. Minnesota, Fourth Division.

December 16, 1994.

Attorney(s) appearing for the Case

Andrew Peter Engebretson, Engebretson & Associates, St. Paul, MN, for Impulse Trading Inc.

Richard T. Thomson, Lapp Laurie Libra Abramson & Thomson, Minneapolis, MN, for Norwest Bank Minnesota, N.A.

Ronald Marvin Diker, Diker Law Office, Minneapolis, MN, John W. Moore, Moore Law Office, Cyriac D. Kappil, Kappil Law Office, Chicago, IL, for State Bank of India.

ORDER

DOTY, District Judge.

This matter is before the court on a motion for partial summary judgment brought by plaintiff Impulse Trading and a motion for summary judgment brought by defendant Norwest Bank Minnesota. Based upon a review of the file, record and proceedings herein, the court denies plaintiff's motion for partial summary judgment and denies in part and grants in part defendant's motion for summary judgment.

BACKGROUND

Plaintiff...

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