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NEMETSKY v. BANQUE DE DEVELOPPEMENT DE LA REPUBLIQUE DU NIGER

65 A.D.2d 748 (1978)

Aaron Nemetsky, Respondent-Appellant, v. Banque De Developpement De La Republique Du Niger, Appellant-Respondent, et al., Defendants

Appellate Division of the Supreme Court of the State of New York, Second Department.

November 3, 1978

Order reversed, on the law, without costs or disbursements, Banque's motion to dismiss granted and plaintiff's cross motion denied.

Plaintiff claims that he is owed $85,000 on a draft or trade acceptance guaranteed by Banque. The draft, made in Niger, is payable to one Herbert Steed and was drawn by defendant El Hadj Mahaman Yahaya. Plaintiff also claims that the draft is integrally related to Banque's deposit with Credit Lyonnais (New York branch) under a letter...

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