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ASTRA OIL TRADING v. PRSI TRADING CO. LP

No. 08 CV 10467(NRB).

794 F.Supp.2d 462 (2011)

ASTRA OIL TRADING NV, Plaintiff, v. PRSI TRADING COMPANY LP, Defendant.

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

June 23, 2011.

Attorney(s) appearing for the Case

Gerald A. Novack, Esq. , David S. Versfelt, Esq. , Scott Newman, Esq. , Catherine A. LaRose, Esq. , K & L Gates LLP, New York, NY, for Plaintiff.

William M. Katz, Jr., Esq. , Thompson & Knight LLP, Dallas, TX, for Defendant.

MEMORANDUM AND ORDER

NAOMI REICE BUCHWALD, District Judge.

Plaintiff Astra Oil Trading N.V. ("AOT") has brought two actions before this Court against defendant PRSI Trading Company L.P. ("PRSI Trading") seeking indemnification in the amount of approximately $156 million, which AOT alleges was paid under its obligation as a guarantor of PRSI Trading's credit facility. In the first action, 08 Civ. 10467, this Court granted plaintiff's motion for pre-judgment...

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