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RSB MFG. CORP. v. BANK OF BARODA

81 Civ. 2086 (LBS).

15 B.R. 650 (1981)

RSB MANUFACTURING CORPORATION, Plaintiff-Appellant, v. BANK OF BARODA, Defendant-Appellee.

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

October 29, 1981.

Attorney(s) appearing for the Case

Michael Berman, New York City, for plaintiff-appellant.

Mudge, Rose, Guthrie & Alexander, Thomas W. Evans, Robert A. Jaffe, Marguerite R. Kahn, New York City, for defendant-appellee.

OPINION

SAND, District Judge.

This case comes before this Court on appeal from a decision in Bankruptcy Court, 9 B.R. 414 (Bkrtcy.1981) [hereinafter "Opinion"], granting the motion of the defendant-appellee, Bank of Baroda, to dismiss the complaint of the plaintiff-appellant, RSB Manufacturing Corporation ("RSB"). The appellant, beneficiary of two letters of credit, issued by the Bombay branch of the Bank of Baroda and advised...

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