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EVRA CORP. v. SWISS BANK CORP.

No. 73 C 2643.

522 F.Supp. 820 (1981)

EVRA CORPORATION, formerly known as Hyman-Michaels Company, Plaintiff, v. SWISS BANK CORPORATION, a Swiss corporation, Defendant and Third-Party Plaintiff, v. CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO, a national banking association, Third-Party Defendant.

United States District Court, N. D. Illinois, E. D.

May 12, 1981.

Attorney(s) appearing for the Case

Joel J. Sprayregen, Aaron, Schimberg, Hess, Rusnak, Deutsch & Gilbert, Chicago, Ill., for Evra.

Alan N. Salpeter, Mayer, Brown & Platt, Chicago, Ill., for Continental.

John Conlon, Hopkins & Sutter, Chicago, Ill., for Swiss Bank.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

ROSZKOWSKI, District Judge.

This matter comes before the court for a ruling following a bench trial beginning on August 18, 1980 and ending on August 28, 1980.

Plaintiff, EVRA Corporation, formerly known as Hyman-Michaels Company ("Hyman-Michaels"), brought this civil action against Swiss Bank Corporation ("Swiss Bank") for its failure to promptly make payment of an installment of ship charter hire in accordance...

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