Premier Holidays International, Inc. v. Actrade Capital, Inc.

ORDER

MOYE, District Judge.

The above styled case is before this court on defendant Amwest Surety Insurance Company’s motion for remand [# 8].

FACTS

On March 30, 1999, plaintiff Premier Holidays International, Inc. (“Premier”) and defendant Actrade Capital, Inc. (“Ac-trade”) entered into an agreement (“Buyer Acknowledgment”) pursuant to which defendant Actrade agreed to allow plaintiff Premier to participate in Actrade’s Trade Acceptánee Draft (“TAD”) Program. Essentially, this program is an arrangement that allowed Premier to use deferred payment drafts to purchase goods from its suppliers. By…