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ENGEL INDUSTRIES v. FIRST AMERICAN BANK

Civ. A. No. 91-1496.

798 F.Supp. 9 (1992)

ENGEL INDUSTRIES, INC., Plaintiff, v. FIRST AMERICAN BANK, N.A., Defendant and Third-Party Plaintiff. MEDCON ENTERPRISES, INC., Defendant and Third-Party Plaintiff, v. Khaled Faisal al HEGELAN, and UBAF Arab American Bank, Third-Party Defendants.

United States District Court, District of Columbia.

June 2, 1992.

Attorney(s) appearing for the Case

Jane Cohen, Susman, Schermer, Rimmel & Shifrin, St. Louis, Mo., Mark A. Cymrot, William P. McGrath, Jr., Cole, Corette & Abrutyn, Washington, D.C., for plaintiff Engel Industries, Inc.

Stanley J. Marcuss, Philip T. von Mehren, Milbank, Tweed, Hadley & McCloy, Washington, D.C., for defendant 1st American Bank, N.A.

Anthony D. Padgett, Thelen, Marrin, Johnson & Bridges, Washington, D.C., for defendant Medcon Enterprises, Inc.

K. Chris Todd, Johnson & Gibbs, Washington, D.C., Michael E. Norton, Porter & Travers, New York City, for defendants.

MEMORANDUM OPINION

SPORKIN, District Judge.

Plaintiff Engel Industries ("Engel") brought this action seeking damages for a commercial transaction that broke down as a result of the onset of hostilities between the United States and Iraq. Plaintiff had a contract to sell equipment to defendant Medcon Enterprises ("Medcon") which was in turn intending to sell the equipment to an Iraqi government agency. Defendant Medcon arranged to pay for the purchase with...

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