Nationsbank of Florida v. Banco Exterior De Espana
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM AND ORDER
PRESKA, District Judge.
Plaintiff, Nationsbank of Florida (“Nati-onsbank”), brought this suit in diversity against defendant, Banco Exterior de España (“BEX”), pursuant to the Uniform Customs and Practices for Documentary Credits (“UCP”) 1 for breach of BEX’s obligation to reimburse Nationsbank for performance un der a 1992 letter of credit. BEX moves to dismiss the action on the ground of forum non conveniens. Nationsbank cross-moves for default judgment. 2 For the following reasons, the defendant’s motion to dismiss is denied; plaintiff’s motion for default judgment also…
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