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INDOSUEZ INTERNATIONAL FINANCE B.V. v. NATIONAL RESERVE BANK

263 A.D.2d 384 (1999)

693 N.Y.S.2d 33

INDOSUEZ INTERNATIONAL FINANCE B.V., Appellant, v. NATIONAL RESERVE BANK, Respondent.

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided July 8, 1999.

The IAS Court properly exercised its discretion in denying plaintiff's motion for a preliminary injunction since the doctrine of comity militates against staying proceedings previously commenced in a foreign court of competent jurisdiction (see, Sarepa, S.A. v Pepsico, Inc., 225 A.D.2d 604), and the additional expense and trouble of litigating in a foreign court is insufficient to warrant an injunction (see, Paramount Pictures...

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