BATA v. CENTRAL-PENN NATIONAL BANK OF PHILADELPHIA

Civ. A. No. 33961.

223 F.Supp. 91 (1963)

Thomas J. BATA v. CENTRAL-PENN NATIONAL BANK OF PHILADELPHIA and Jan A. Bata.

United States District Court E. D. Pennsylvania.

November 1, 1963.


Attorney(s) appearing for the Case

Lewis H. Van Dusen, Jr., of Drinker, Biddle & Reath, Philadelphia, Pa., George M. Brodhead, of Rawle & Henderson, Philadelphia, Pa., for Central-Penn National Bank of Philadelphia.

Harold E. Stassen of Stassen, Kephart, Sarkis & Scullin, Philadelphia, Pa., for Jan A. Bata. Peaslee, Brigham, Albrecht, & McMahon, New York City, of counsel.


JOSEPH S. LORD, III, District Judge.

On March 27, 1962, attorneys for Thomas J. Bata, a Canadian citizen, and attorneys for Jan A. Bata, a citizen of Brazil, executed an escrow agreement. This agreement was one segment of a comprehensive agreement settling conflicting claims of Thomas and Jan. Central-Penn National Bank was selected by the parties as the escrow agent.

The comprehensive settlement agreement consisted of payment by Thomas to Jan of $3,400,000...

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