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SPERRY INTERN. TRADE, INC. v. GOVERNMENT OF ISRAEL

No. 601, Docket 81-7751.

670 F.2d 8 (1982)

SPERRY INTERNATIONAL TRADE, INC., Petitioner-Appellee, v. GOVERNMENT OF ISRAEL, Respondent-Appellant, GOVERNMENT OF ISRAEL, Third-Party Petitioner-Appellant, v. AMERICAN ARBITRATION ASSOCIATION, Third-Party Respondent-Appellee.

United States Court of Appeals, Second Circuit.

Decided January 21, 1982.

Attorney(s) appearing for the Case

Jeffrey A. Fillman, New York City (Morris A. Wirth, Finley, Kumble, Wagner, Heine, Underberg & Casey, New York City, on brief), for respondent, third-party petitioner-appellant Government of Israel.

Norman Solovay, New York City (David R. Foley, Peter C. Kostant, Aron Broches, Holtzmann, Wise & Shepard, New York City, on brief), for petitioner-appellee Sperry Intern. Trade, Inc.

Before TIMBERS, KEARSE and CARDAMONE, Circuit Judges.

KEARSE, Circuit Judge:

Respondent-appellant Government of Israel ("Israel") appeals from an order of the United States District Court for the Southern District of New York, Milton Pollack, Judge, which, inter alia, enjoined Israel from drawing on a standby letter of credit issued in its favor by Citibank, N.A. ("Citibank") on behalf of petitioner-appellee Sperry International Trade, Inc. ("Sperry"), pending an arbitration panel's ruling on Israel's entitlement...

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