Israeli Aircraft Industries, Ltd. v. Sanwa Business Credit Corp.

MEMORANDUM OPINION AND ORDER

ZAGEL, District Judge.

Plaintiff Israeli Aircraft Industries, Ltd., an Israeli corporation, alleges that defendants Sanwa Business Credit Corporation (“Sanwa”) and Sanwa Bank of Japan “torpedoed” the formation of a joint venture between Israeli Aircraft and Quadrant Management Inc. (“Quadrant”). The purpose of the proposed joint venture between Israeli Aircraft and Quadrant was to bid on the assets of Fairchild Aircraft Corporation (“Fair-child”), a bankrupt American corporation. Plaintiff claims that defendants violated the anti-boycott provisions of the Export…