CITIBANK, N.A. v. REAL COFFEE TRADING CO.

No. 82 Civ. 6681 (DNE).

566 F.Supp. 1158 (1983)

CITIBANK, N.A., Plaintiff, v. REAL COFFEE TRADING COMPANY, N.V., and Ramiro Restrepo, Defendants and Third-Party Plaintiffs, v. Jaime RIVAS, Sara Rivas, Aurora De La Torre, Sonia Gonzalez, T & R LTDA., Jaime Rivas & Company, Raymond Last and Abigail Arms, Third-Party Defendants.

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

June 24, 1983.


Attorney(s) appearing for the Case

Shearman & Sterling, George J. Wade, Brigid Carroll and Nicholas Rostow, New York City, of counsel.

Lynch Rowin Burnbaum & Crystal and Wolf, Arnold & Cardoso, P.C., Maurice Wolf, New York City, of counsel.


MEMORANDUM OPINION AND ORDER

EDELSTEIN, District Judge:

FACTUAL BACKGROUND

For several years prior to 1979, plaintiff, Citibank, N.A. ("Citibank"), provided financing to defendant Ramiro Restrepo ("Restrepo") to ship coffee beans from the Republic of Colombia to the United States. Defendant Real Coffee Trading Company, N.V. ("Real Coffee") is the corporate vehicle for Restrepo's exporting business...

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