SMITH BARNEY v. LIECHTENSTEINISCHE LANDESBANK

No. 92 Civ. 2528 (RPP).

866 F.Supp. 114 (1994)

SMITH BARNEY, HARRIS UPHAM & CO. INCORPORATED, Plaintiff, v. LIECHTENSTEINISCHE LANDESBANK, The Dow Chemical Company, Citibank, N.A., and The Depository Trust Company, Defendants.

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

September 16, 1994.


Attorney(s) appearing for the Case

Skadden, Arps, Slate, Meagher & Flom by William P. Frank, New York City, for plaintiff Smith Barney, Harris Upham & Co.

Proskauer, Rose, Goetz & Mendelsohn by Gregg M. Mashberg, New York City, for defendant Depository Trust Co.


OPINION AND ORDER

ROBERT P. PATTERSON, Jr., District Judge.

This is an action for money damages in which Plaintiff, Smith Barney, Harris Upham & Co., Inc. ("Smith Barney") charges Defendant1, The Depository Trust Company ("DTC"), with breach of contract for failure to inform Smith Barney, within a reasonable period of time, of the confiscation by Citibank N.A. ("Citibank") of...

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