Legal Opinion
Linden v. National City Bank
Appellate Division of the Supreme Court of the State of New York
Decided December 15, 1960PublishedCited by 4 opinions
1Opinion of the CourtEager, J.
This is an appeal from an order which denied defendant’s motion for summary judgment and which denied cross motion of plaintiff for summary judgment.
The plaintiff, as the agent for the ultimate buyer of quantities of American tinplate, made the arrangements through certain banks in Switzerland to open certain letters of credit in favor of Southern Cross Trading Co. of Washington, D. C., to cover the purchase price of the goods. The defendant, the National City Bank of New York, confirmed as irrevocable two of such letters of credit. The first letter of credit was in amount not exceeding…
2Cases cited4 opinions
- Sztejn v. J. Henry Schroder Banking Corp.New York Supreme Court · 1941
- Courteen Seed Co. v. Hong Kong & Shanghai Banking Corp.New York Court of Appeals · 1927
- Kingdom of Sweden v. New York Trust Co.New York Supreme Court · 1949
- Samuel Kronman & Co. v. Public National BankAppellate Division of the Supreme Court of the State of New York · 1926
3Cited by4 opinions
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- Petra International Banking Corp. v. First American BankDistrict Court, E.D. Virginia · 1991
- Otsego Mutual Fire Insurance v. Robed & Sons, Inc.Appellate Division of the Supreme Court of the State of New York · 1978
- Investitions- Und Handels-Bank A. G. v. United California Bank InternationalDistrict Court, S.D. New York · 1968