Caspian Investments, Ltd. v. Vicom Holdings, Ltd.
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM AND ORDER
CONBOY, District Judge:
Defendant Vicom Video, Inc. (“Vicom Video”) has moved to dismiss or stay this breach of contract action in deference to a previously commenced action pending in Ireland. For the reasons set forth below, the motion is granted and the case is dismissed.
I. BACKGROUND
On August 1, 1989, plaintiff Caspian Investments, Ltd. (“Caspian”), a British corporation, entered into a loan agreement (“the Agreement”) with defendant Vicom Video through which it consented to loan Vicom Video $1,490,000 by way of two separate transactions. Vicom Video, a Georgia…
2Cases cited21 opinions
- Colorado River Water Conservation District v. United StatesSupreme Court of the United States · 1976
- Landis v. North American Co.Supreme Court of the United States · 1936
- The Bremen v. Zapata Off-Shore Co.Supreme Court of the United States · 1972
- Hilton v. GuyotSupreme Court of the United States · 1895
- Pavelic & LeFlore v. Marvel Entertainment Group, Div. of Cadence Industries Corp.Supreme Court of the United States · 1990
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- SST GLOBAL TECHNOLOGY, LLC v. ChapmanDistrict Court, S.D. New York · 2003
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