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WELLS FARGO BANK NORTHWEST v. TACA INTER AIRLINES

No. 01 CIV.11484(GEL).

247 F.Supp.2d 352 (2003)

WELLS FARGO BANK NORTHWEST, N.A., Plaintiff, v. TACA INTERNATIONAL AIRLINES, S.A and JHM Cargo Express, S.A., Defendants. Taca International Airlines, S.A and JHM Cargo Express, S.A., Third-party plaintiffs, v. C-S Aviation Services, Inc., Third-party defendant.

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

September 26, 2002.

Attorney(s) appearing for the Case

Benjamin R. Nagi (Alan M. Unger, on the brief), Sidley Austin Brown & Wood LLP, New York, NY, for Plaintiff and Counterclaim-Defendant Wells Fargo Bank Northwest, N.A. and Third-Party Defendant C-S Aviation Services, Inc.

Michael P. Socarras (Joe R. Reeder, Timothy C.Bass, on the brief), Greenberg Traurig, LLP, Washington D.C. (Simon Miller, Jennifer Neuner, Greenberg Traurig, LLP, New York, NY, on the brief) for Defendants TACA International Airlines, S.A. and JHM Cargo Express, S.A.

OPINION AND ORDER

LYNCH, District Judge.

This dispute involves five aircraft leased to TACA International Airlines ("TACA"), a Salvadoran airline company, by Wells Fargo Bank Northwest ("Wells Fargo"), a United States bank acting solely as ownertrustee under the lease agreements ("Leases"). Third-Party Defendant C-S Aviation Services ("C-S Aviation"), a "lease management provider" of commercial aircraft, established the trusts with Wells Fargo to...

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