FIDELITY PARTNERS v. PHILIPPINE EXPORT & FOR. LOAN

No. 96 CIV. 0407 (AGS).

921 F.Supp. 1113 (1996)

FIDELITY PARTNERS, INC., Plaintiff, v. PHILIPPINE EXPORT AND FOREIGN LOAN GUARANTEE CORPORATION, Defendant.

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

April 2, 1996.


Attorney(s) appearing for the Case

Robert L. Weigel, Gibson, Dunn & Crutcher, New York City, for plaintiff.

Sutton Keany, Steven R. Schindler, Bradley A. Siciliano, Winthrop, Stimson, Putnam & Roberts, New York City, for defendant.


ORDER AND OPINION

SCHWARTZ, District Judge.

Plaintiff Fidelity Partners, Inc. ("Fidelity") moves for a post-judgment order of attachment and execution against certain accounts of defendant Philippine Export and Foreign Loan Guarantee Corporation ("Philguarantee") at the Philippine National Bank and the Federal Reserve Bank. For the reasons set forth below, Fidelity's motion is denied.

BACKGROUND AND FACTS

A. Background...

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