ALLIED BANK INTERN. v. BANCO CREDITO AGRICOLA

No. 82 Civ. 0664.

566 F.Supp. 1440 (1983)

ALLIED BANK INTERNATIONAL, For itself and as Agent for American Fletcher National Bank, American Fletcher Bank (Suisse) A.G., Atlantic International Bank, Banco Exterior De Espana, Banco De Madrid, Bank of Miami, Intercontinental Bank of Miami Beach, Bank of Montreal, Bank of New Orleans, Bank of Virginia International, Bayerische Vereinsbank Int'l. S.A., Bayerische Vereinsbank, A.G., Bremar Holdings Limited, Cleveland Trust Company, Columbia Union National Bank, Credit Lyonnais, Deutsche Bank A.G., Export-Import Bank of the United States, Federal Deposit Insurance Corp., Fidelity National Bank of South Miami, Fidelity Union Trust Company, First Commercial Bank of Taiwan, First National Bank of Fort Worth, First National City Bank (Interamerica), First Pennsylvania Bank, N.A., Hartford National Bank, International Commercial Bank of China, Irving Inter-American Bank, Irving Trust Company Kyowa Bank Limited, National Westminster Bank Ltd., Overseas Investors Inc., The Royal Bank of Canada, The Sanwa Bank Limited, Equibank N.A., Southeast First National Bank of Miami, Stockholms Sparbank, and United California Bank, Plaintiff, v. BANCO CREDITO AGRICOLA DE CARTAGO, Banco Anglo Costarricense and Banco National De Costa Rica, Defendants.

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

July 8, 1983.


Attorney(s) appearing for the Case

Santora, Shenkman & Kushel by Robert B. McKay, New York City, for plaintiff.

White & Case by Jeffrey Barist, Robert M. Kelly, Diane Dimond, New York City, for defendants.


OPINION

GRIESA, District Judge.

This is a suit against three Costa Rican banks which are wholly owned by the government of Costa Rica. Plaintiff moves for summary judgment. Defendants move to dismiss pursuant to Fed.R.Civ.P. 12(b). Both motions are denied.

Facts

The essential facts are not in dispute. Plaintiff Allied Bank International ("Allied") is a bank chartered in the United States...

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