CREDIT AGRICOLE INDOSUEZ v. ROSSIYSKIY KREDIT BANK


271 A.D.2d 341 (2000)

706 N.Y.S.2d 875

CREDIT AGRICOLE INDOSUEZ, Respondent, v. ROSSIYSKIY KREDIT BANK et al., Appellants.

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

Decided April 20, 2000.


The IAS Court properly granted the relief requested. Indeed, there was a clear and overwhelming showing that the Russian action, which arises out of the same transaction at issue in the instant case, was obviously designed solely to frustrate any recovery plaintiff might obtain in...

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