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NATIONAL WESTMINSTER BANK PLC v. GRANT PRIDECO, INC.

No. 02 Civ. 9926(LAK).

261 F.Supp.2d 265 (2003)

NATIONAL WESTMINSTER BANK PLC, Plaintiff, v. GRANT PRIDECO, INC., et al., Defendants.

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

April 29, 2003.

Attorney(s) appearing for the Case

Benjamin H. Green, Karlene J. Rogers, Emmet, Martin & Martin LLP, for Plaintiff.

Gerald J. Fields, Patrick J. Rohan, Paul, Hastings, Janofsky & Walker LLP, for Defendant Active Media Services, Inc.

Jeffrey A. Mitchell, Gary M. Fellner, Fischbein•Badillo•Wagner•Harding, for Defendants Grant Prideco, Inc. and Weatherford International, Inc.

MEMORANDUM OPINION

KAPLAN, District Judge.

Plaintiff National Westminster Bank, Pic ("NatWest") brings this action to recover funds advanced to Grant Prideco, Inc. ("GPI"), a manufacturer of oilfield tubular steel products, as part of a trade barter agreement. Defendants GPI, Weatherford International, Inc. ("Weatherford"), GPI's former parent company, and Active Media Services, Inc. ("Active") move, pursuant to Fed.R.Civ.P. 12(b)(6), to dismiss the complaint...

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