United Technologies Corp. v. Citibank, N.A.
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION
GAGLIARDI, District Judge.
Plaintiffs United Technologies Corporation and United Technologies International, Inc. (hereinafter collectively “United”) commenced this action in New York Supreme Court seeking to enjoin defendant Citibank, N.A. (“Citibank”) from making payments on two letters of credit to defendant Iranians’ Bank (“Iranians’ ”). The state court issued a temporary restraining order against Citibank’s payment on March 5, 1979. Citibank removed the case to this court pursuant to 12 U.S.C. § 632 on the following day. This court subsequently extended the duration of…
2Cases cited15 opinions
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- William CAULFIELD Et Al., Appellants, v. the BOARD OF EDUCATION OF the CITY OF NEW YORK Et Al., AppelleesCourt of Appeals for the Second Circuit · 1978
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