Dessert Beauty, Inc. v. Platinum Funding Corp.

OPINION AND ORDER

SHIRAA. SCHEINDLIN, District Judge.

I. INTRODUCTION

The present dispute arises out of a factoring agreement between Dessert Beauty, Inc. (“DBI”), a Barbados corporation that manufactures cosmetics, and Platinum Funding Corp. (“Platinum”), a New Jersey financing company. DBI brought this action to recover funds that it contends were wrongfully withheld by Platinum. 1 In its Answer, Platinum asserted a counterclaim against DBI, and a third-party complaint against Neil and Randi Shinder, Canadian citizens and principals of DBI, and Dessert Beauty Holdings, Inc. (“DBH”), a Canadian…