Legal Opinion

Touche Ross & Co. v. Manufacturers Hanover Trust Co.

New York Supreme Court

Decided October 29, 1980PublishedCited by 3 opinions

1Opinion of the Court

OPINION OF THE COURT

Hilda G. Schwartz, J.

Plaintiff Touche Ross & Co. (Touche Ross) moves for a preliminary injunction pendente lite enjoining defendant Manufacturers Hanover Trust Company (Manufacturers) from making any payment under a certain letter of credit, No. 148535, issued by defendant Manufacturers in favor of defendant Bank Saderat in the amount of $400,000, including specifically enjoining Manufacturers from setting up a blocked account pursuant to regulations issued by the Department of the Treasury of the United States (Treasury Regulations) and for an order *439granting plaintiff…

2Cited by3 opinions

  1. Harris Corporation v. National Iranian Radio and Television and Bank Melli Iran, DefendantsCourt of Appeals for the Eleventh Circuit · 1982
  2. Itek Corporation v. The First National Bank of Boston, Bank Melli IranCourt of Appeals for the First Circuit · 1984
  3. Intrinsic Values Corp. v. SuperintendenciaDistrict Court of Appeal of Florida · 2002

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