Optopics Laboratories Corp. v. Savannah Bank of Nigeria, Ltd.
District Court, S.D. New York
1Opinion of the Court
OPINION
SAND, District Judge.
This case is brought by Optopies Laboratories Corporation, a Delaware corporation, as assignee of Ashford Laboratories, Inc., against Savannah Bank of Nigeria, Ltd. for nonpayment on a letter of credit issued by defendant. Jurisdiction is found under 28 U.S.C. § 1330, which provides that district courts shall have original jurisdiction over non-jury civil actions against a foreign state, and also under the Foreign Sovereign Immunities Act. Currently before the Court are cross-motions for summary judgment. Because we find that no genuine issues of material fact are…
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- Venizelos, S.A. v. Chase Manhattan BankCourt of Appeals for the Second Circuit · 1970
- J. Zeevi & Sons, Ltd. v. Grindlays BankNew York Court of Appeals · 1975
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