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CHASE MANHATTAN BANK v. MOTOROLA, INC.

No. 00 CIV 4838 AKH.

136 F.Supp.2d 265 (2001)

THE CHASE MANHATTAN BANK, Plaintiff, v. MOTOROLA, INC., Defendant.

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

March 29, 2001.

Attorney(s) appearing for the Case

Barry R. Ostrager, David J. Woll, Mary Kay Vyskocil, Michelle A. Kisloff, Simpson, Thacher & Bartlett, New York City, for Plaintiff.

Joseph Serino, Jr., Kimberly Ziev Niehaus, Kirkland & Ellis, New York City, for Defendant.

MEMORANDUM AND ORDER DENYING PLAINTIFF'S MOTION TO REMAND

HELLERSTEIN, District Judge.

Plaintiff Chase Manhattan Bank ("Chase") moves to remand this removed case to the New York Supreme Court, alleging that the district court lacks subject matter jurisdiction. Chase argues that since its lawsuit to require defendant Motorola, Inc. ("Motorola") to honor a $300 million Guarantee was brought for the benefit of a 24-bank consortium, the citizenship of...

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