STATE BANK OF INDIA v. STAR DIAMONDS, INC.

No. 95 Civ. 2930 (LAK).

901 F.Supp. 177 (1995)

STATE BANK OF INDIA, Plaintiff, v. STAR DIAMONDS, INC., et al., Defendants.

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

October 25, 1995.


Attorney(s) appearing for the Case

Paul F. Doyle, Shabbir S. Wakhariya, Kelley Drye & Warren, New York City, for Plaintiff.

Hector L. Santiago, Richmond Hill, NY, for Defendants.


MEMORANDUM OPINION

KAPLAN, District Judge.

Plaintiff, an agency or instrumentality of the Government of India, seeks to recover the unpaid balance of principal and interest due pursuant to promissory notes, a credit agreement, and certain personal guarantees. Jurisdiction is premised on alienage and the Foreign Sovereign Immunities Act. The matter is before the Court on plaintiff's motion for summary judgment.

Facts

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