Legal Opinion
Investitions- Und Handels-Bank A. G. v. United California Bank International
District Court, S.D. New York
Decided January 5, 1968No. 67 Civ. 1969PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM
BONSAL, District Judge.
Plaintiff instituted this action seeking to recover a loss of $274,000 which it alleges it sustained by reason of defendant’s negligence, breach of contract and breach of fiduciary duty. Defendant is a corporation organized under the Edge Act (12 U.S.C. §§ 611-631) and jurisdiction is founded on 12 U.S.C. § 632. With its answer, defendant moved for summary judgment dismissing the complaint on the ground that “plaintiff’s alleged causes of action have no merit.” Plaintiff opposes defendant’s motion on the ground that there are genuine issues of material fact,…
2Cases cited3 opinions
- Laudisi v. American Exchange National BankNew York Court of Appeals · 1924
- Mrs. Sarah St. John, for and on Behalf of Her Minor Son, Anthony Ferrante v. New Amsterdam Casualty CompanyCourt of Appeals for the Fifth Circuit · 1966
- Linden v. National City BankAppellate Division of the Supreme Court of the State of New York · 1960
3Cited by1 opinion
- Ahmed v. Nat. Bank of PakistanDistrict Court, S.D. New York · 1983