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ISRAELI AIRCRAFT IND. v. SANWA BUSINESS CREDIT

No. 92 C 6036.

850 F.Supp. 686 (1993)

ISRAELI AIRCRAFT INDUSTRIES, LTD., Plaintiff, v. SANWA BUSINESS CREDIT CORPORATION and Sanwa Bank of Japan, Defendants.

United States District Court, N.D.Illinois, Eastern Division.

March 22, 1993.

Attorney(s) appearing for the Case

Gregory Adamski and Karen Conti, Adamski & Conti, Chicago, IL, for plaintiff.

Sanwa (Business & Bank), Arnold A. Pagniucci, Lowell E. Sarnoff, Christine M. Godewes, Sachnoff & Weaver, Ltd., Chicago, IL, for defendants.

Dale M. Cohen, Donald P. Horwitz, Ian A. Schwartz, Sonnenschein, Nath & Rosenthal, Michael A. Sandberg, Anti Defamation League of B'Nai B'Rith, Chicago, IL, for amicus — Anti Defamation League of B'Nai B'Rith.

MEMORANDUM OPINION AND ORDER

ZAGEL, District Judge.

Plaintiff Israeli Aircraft Industries, Ltd., an Israeli corporation, alleges that defendants Sanwa Business Credit Corporation ("Sanwa") and Sanwa Bank of Japan "torpedoed" the formation of a joint venture between Israeli Aircraft and Quadrant Management Inc. ("Quadrant"). The purpose of the proposed joint venture between Israeli Aircraft and Quadrant was to bid on the assets of Fairchild Aircraft...

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