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TRANARG, CA v. BANCA ITALIANA

90 Misc.2d 829 (1977)

Tranarg, C. A., Plaintiff, v. Banca Commerciale Italiana et al., Defendants.

Supreme Court, Special Term, New York County.

June 23, 1977

Attorney(s) appearing for the Case

Pavia & Harcourt (Frances B. Bernstein and David A. Botwinik of counsel), for plaintiff. Cole & Deitz (Andrea Catania and Edward N. Meyer of counsel), for Pictorial Sciences, Inc., defendant.

MAX BLOOM, J.

These companion motions by plaintiff seek temporary injunctions restraining defendant, Banca Commerciale Italiana (BCI) from paying out on a letter of credit issued by plaintiff for the benefit of defendant, Pictorial Sciences, Inc. (PSI), which has made demand under the letter, and PSI from demanding or receiving the proceeds of the letter.

Plaintiff is a Venezuelan corporation; PSI is...

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