NEW ENGLAND MERCHANTS NAT. BANK v. IRAN POWER

79 Civ. 6380 (KTD).

495 F.Supp. 73 (1980)

NEW ENGLAND MERCHANTS NATIONAL BANK, Plaintiff, v. IRAN POWER GENERATION AND TRANSMISSION COMPANY et al., Defendants.

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

June 4, 1980.


OPINION & ORDER

KEVIN THOMAS DUFFY, District Judge.

The Iranian crisis! Demonstrations! Hostages! Diplomatic Ties Broken! The Aborted Rescue Attempt! These have been the headlines for most of the past year. Paralleling these events, however, are other less dramatic problems which must be solved in a dispassionate manner, one based in law and logic. This court must...

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