There is, as we shall see, more than a little uncertainty as to the precise terms of the contractual arrangements between the Plaintiff and its purchaser, Defendant No. 2, on the one hand (the oral nature of which I will turn to presently), and the Plaintiff and Defendant No. 1 on the other. The Plaintiff alleges that the Bills of Lading were sent from the Plaintiff’s bank, Union Bank of India, Defendant No. 3 herein, to Banco Del Caribe. Defendant No. 2, the Plaintiff says, was to remit the amounts specified on the Bills of Lading to Banco Del Caribe, in exchange for the original Bills of Lading; upon presentation of these Bills of Lading to Defendant No. 1, Defendant No. 2 was to receive delivery of the goods. However, Defendant No. 1 delivered the goods to the Venezuelan Customs Authority instead of directly to Defendant No. 2, without obtaining the original Bills of Lading from Defendant No. 2. The goods seem to have ultimately reached Defendant No. 2, but Defendant No. 3, and consequently, the Plaintiff, has not received the amounts payable on the goods.