IDEAL MUT. INS. CO. v. KOREAN REINSURANCE CORP.

No. 83 Civ. 8500 (CBM).

657 F.Supp. 1174 (1987)

IDEAL MUTUAL INSURANCE COMPANY, Plaintiff, v. KOREAN REINSURANCE CORPORATION (a/k/a Korean Reinsurance Co. and Korean Re), Defendant.

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

April 13, 1987.


Attorney(s) appearing for the Case

Mudge, Rose, Guthrie, Alexander & Ferdon by William F. Costigan, New York City, for plaintiff.

D'Amato & Lynch by Thomas F. Breen, New York City, for defendant.


OPINION

MOTLEY, District Judge.

Plaintiff has moved for an order of foreign attachment pursuant to Fed.R.Civ.P. 12 and N.Y.Civ.Prac. L. & R 6201 et seq. to secure defendant's trust account number 199114, Citicorp Center, 153 East 53rd Street, New York, New York. For the reasons discussed below, plaintiff's motion is granted.

FACTS

In this action, plaintiff, Ideal Mutual Insurance Co. ("Ideal"), complains that the defendant, Korean...

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