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ALBEE TOMATO CO. v. KOREA COMMERCIAL BANK OF N.Y.

No. 89 Civ. 01888(BSJ).

282 F.Supp.2d 6 (2003)

ALBEE TOMATO CO., INC., E. Armata, Inc., R & C Communale, Inc., Costa & Harris, Inc., Craig-Ann Produce, Inc., D'Arrigo Bros. Co. of New York, Inc., Fierman Produce Exchange, Inc., Finest Fruits, Inc., G & B Produce, Inc., Hunts Point Tomato Co., Inc., Kleiman & Hochberg, Inc., L & K Tomatoes, Inc., L & P Fruit Corp., M & R Tomato Distributors, Inc., Morris Okun, Inc., M & R Trading Co., Inc., Rubin Bros., Inc., H. Schnell & Co., Inc., Square Produce Inc., Martin Stricks & Son, Inc., Vita—Wellbrock-Kearney, Inc., Wishnatski & Nathel, Inc., Plaintiffs, v. KOREA COMMERCIAL BANK OF NEW YORK, Defendant.

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

February 5, 2003.

Attorney(s) appearing for the Case

Leonard Kreinces, Great Neck, NY, for Plaintiffs.

Wood Ralph, Ralph Wood, White Plains, NY, for Defendant.

MEMORANDUM AND ORDER

JONES, District Judge.

Plaintiffs are the unpaid sellers of perishable agricultural commodities. They commenced this action in 1989, claiming that Defendant Korea Commercial Bank ("KCB" or the "Bank") violated the Perishable Agricultural Commodities Act ("PACA"), 7 U.S.C. § 499e.1 Plaintiffs claim that A.B. Shalom Produce Corp. ("Shalom"), a merchant that bought produce from Plaintiffs at Hunts...

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