WELLS FARGO ASIA LTD. v. CITIBANK, N.A.

No. 84 Civ. 0996 (WK).

612 F.Supp. 351 (1985)

WELLS FARGO ASIA LIMITED, Plaintiff, v. CITIBANK, N.A., Defendant.

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

July 2, 1985.


Attorney(s) appearing for the Case

Skadden Arps Slate Meagher & Flom by Edwin E. McAmis, New York City, for plaintiff.

Shearman & Sterling by John E. Hoffman, Jr., New York City, for defendant.


MEMORANDUM & ORDER

WHITMAN KNAPP, District Judge.

Plaintiff, Wells Fargo Asia Limited, moves for summary judgment for non-payment of certain overdue non-negotiable time deposits placed with the Philippine branch of defendant Citibank.

Plaintiff at all times relevant to this law suit was a bank chartered to do business by the government of Singapore and a wholly-owned subsidiary of Wells Fargo Bank, National Association, a federally chartered...

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