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OPTOPICS LABORATORIES v. SAVANNAH BANK

No. 91 Civ. 0312 (LBS).

816 F.Supp. 898 (1993)

OPTOPICS LABORATORIES CORPORATION, a Delaware corporation, as Assignee of Ashford Laboratories, Inc., Plaintiff, v. SAVANNAH BANK OF NIGERIA, LTD., Defendant.

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

March 22, 1993.

Attorney(s) appearing for the Case

Antheil & Nicholas, Doylestown, PA (Jeffrey H. Nicholas, of counsel), for plaintiff.

Kreindler & Kreindler (Paul S. Edelman, of counsel), and Atadika & Atadika (Michael R. Atadika, of counsel), New York City, for defendant.

OPINION

SAND, District Judge.

This case is brought by Optopics Laboratories Corporation, a Delaware corporation, as assignee of Ashford Laboratories, Inc., against Savannah Bank of Nigeria, Ltd. for nonpayment on a letter of credit issued by defendant. Jurisdiction is found under 28 U.S.C. § 1330, which provides that district courts shall have original jurisdiction over non-jury civil actions against a foreign state, and also under the Foreign Sovereign...

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