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BANQUE WORMS v. BANKAMERICA INTERN.

No. 1270, Docket 90-7106.

928 F.2d 538 (1991)

BANQUE WORMS, Plaintiff-Appellee, v. BANKAMERICA INTERNATIONAL, Defendant-Third-Party Plaintiff, Security Pacific International Bank, Third-Party Defendant-Appellant.

United States Court of Appeals, Second Circuit.

Decided March 15, 1991.

Attorney(s) appearing for the Case

J. Portis Hicks, New York City (Gregg J. Borri, Boulanger, Finley & Hicks, New York City, of counsel), for plaintiff-appellee.

Sarah L. Reid, New York City (Alan R. Kusinitz, Kelly, Drye & Warren, New York City, of counsel), for third-party defendant-appellant.

Before ALTIMARI and MAHONEY, Circuit Judges, and POLLACK, Senior District Judge.

ALTIMARI, Circuit Judge:

Third-party defendant-appellant Security Pacific International Bank ("Security Pacific") appeals from a judgment, entered in the United States District Court for the Southern District of New York (Robert P. Patterson, Jr., Judge), granting plaintiff-appellee Banque Worms' motion for summary judgment. On this appeal, Security Pacific contends that the district court erred by applying the Discharge for Value Rule, set forth at Section...

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