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NATIONAL AM. CORP. v. FEDERAL REP. OF NIGERIA

No. 76 Civ. 2745 (GLG).

425 F.Supp. 1365 (1977)

NATIONAL AMERICAN CORPORATION, Plaintiff, v. FEDERAL REPUBLIC OF NIGERIA and Central Bank of Nigeria, Defendants.

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

February 8, 1977.

Attorney(s) appearing for the Case

Eaton, Van Winkle, Greenspoon & Grutman, New York City, for plaintiff by Norman Roy Grutman, Jeffrey H. Daichman, Richard A. Rubin, New York City, of counsel.

Kissam & Halpin, New York City, for defendants by James G. Simms, New York City, of counsel.

Lewis S. Sandler, New York City, for applicants for intervention.

OPINION

GOETTEL, District Judge.

National American Corp. ("NAC"), the plaintiff in this action, sued the defendants, Federal Republic of Nigeria (Nigeria) and Central Bank of Nigeria ("CBN"), to recover damages for the alleged breach of NAC's contract to supply cement. They also sue upon a letter of credit issued by CBN having the plaintiff as its beneficiary. Two other corporations, Nikkei International, Inc. (Nikkei) and Chenax Majesty (Chenax) which also...

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