Various Markets, Inc. v. Chase Manhattan Bank, N.A.

OPINION AND ORDER REGARDING MOTIONS OF DEFENDANT AND THIRD-PARTY DEFENDANTS FOR SUMMARY JUDGMENT

ROSEN, District Judge.

I. INTRODUCTION

This matter is presently before the Court on three motions for summary judgment:(1) Motion of Defendant Chase Manhattan Bank to Dismiss the Complaint, or in the Alternative, for Summary Judgment;(2) Motion of Third-Party Defendant La Fénix Boliviana de Seguros y Reaseguros (“LFB”) for Summary Judgment on the Third-Party Claim of Chase Manhattan Bank; and(3) Motion of Third-Party Defendants M & M Management Corporation, Ferrell Travis Riley, Frank Riley and Treva…