L.E.B. Enterprises, Inc. v. Barclays Bank, P.L.C.

MEMORANDUM OPINION AND ORDER

THIS MATTER is before the Court on defendant's Motion for Summary Judgment and plaintiff's Counter Motion for Summary *43Judgment. For the reasons stated herein, defendant's motion will •be GRANTED and plaintiff's motion will be DENIED.

FACTS

Virtech, Inc. (hereinafter "Virtech") is a plastic manufacturing company on the island of St. Croix. Plaintiff L.E.B. Enterprises, Inc. (hereinafter "L.E.B.") is a Florida corporation that sells plastic resins and L.E.B. desired to sell plastic resins to Virtech on credit. Lowell Berkson, President of L.E.B., sent a letter of…