VENIZELOS, S. A. v. CHASE MANHATTAN BANK

No. 67 Civ. 4907.

294 F.Supp. 246 (1968)

VENIZELOS, S. A., Plaintiff, v. CHASE MANHATTAN BANK, Defendant.

United States District Court S. D. New York.

December 31, 1968.


Attorney(s) appearing for the Case

Joseph Cardillo, Jr., New York City, for plaintiff, Thos. J. Doyle, New York City, of counsel.

Milbank, Tweed, Hadley & McCloy, New York City, for defendant, Andrew J. Connick and Ellis W. McCracken, New York City, of counsel.


OPINION

EDELSTEIN, District Judge.

This case is before the court on cross motions for summary judgment in an action by plaintiff, Venizelos, S.A., (hereinafter Venizelos), against defendant, Chase Manhattan Bank, (hereinafter Chase), to compel defendant to pay plaintiff certain monies allegedly owing under an irrevocable letter of credit issued by the defendant. Plaintiff and defendant agree that there are no facts in dispute and the court independently...

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