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ELJAY JRS., INC. v. RAHDA EXPS.

99 A.D.2d 408 (1984)

Eljay Jrs., Inc., Respondent, v. Rahda Exports et al., Appellants, et al., Defendant, and Bank of India et al., Intervenors-Appellants. State Bank of India et al., Proposed Intervenors-Appellants

Appellate Division of the Supreme Court of the State of New York, First Department.

January 3, 1984

Plaintiff Eljay, Jrs., Inc., is a dress manufacturer which has its principal place of business in New York. Early in 1982, plaintiff ordered merchandise from eight manufacturers located in New Delhi, India (the shippers). Plaintiff directed Chemical Bank to issue eight letters of credit as payment for the merchandise. The transaction was to be conducted through several advising banks in India, including the intervenors-defendants in this action: Bank of India, Bank of Tokyo...

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