Order, entered on October 26, 1960, denying defendant's motion for an order staying this action until the rendering of an award in an arbitration proceeding now being conducted in London, England, unanimously affirmed, with $20 costs and disbursements to plaintiff-respondent.
The defendant-appellant bank specifically takes the position that, under the terms and conditions of the letter of credit, the bringing and pendency of the arbitration proceeding bars payment...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
