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GRANVILLE GOLD TRUST-SWITZERLAND v. COMMISSIONE

No. CV-95-0619.

924 F.Supp. 397 (1996)

GRANVILLE GOLD TRUST-SWITZERLAND, Granville Gold Switzerland Corp., and Abdul Hafeez Muhammad, Plaintiffs, v. COMMISSIONE DEL FULLIMENTO/INTER CHANGE BANK, Ufficio Di Esecuzione e Fallimenti/Inter Change Bank, Defendants.

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

April 23, 1996.

Attorney(s) appearing for the Case

Steven H. Gifis, Pennington, NJ, Richard R. Rio, Goldman & Rio, New York City, For Plaintiffs.

Paul Bschorr, Dewey Ballantine, New York City, For Defendants.

MEMORANDUM AND ORDER

TRAGER, District Judge:

Defendants have moved to vacate a default judgment in excess of one-hundred and twenty-five billion dollars and to dismiss the complaint. Plaintiffs have cross-moved for leave to file an amended complaint. At a hearing on February 28, 1996, this court vacated the default judgment that had been entered by the Supreme Court of the State of New York, but reserved decision on the other two motions which this...

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