Legal Opinion
SOUTHTRUST BANK v. Webb-Stiles Co., Inc.
Supreme Court of Alabama
Decided October 21, 2005No. 1040827PublishedCited by 32 opinions
1Opinion of the Court
SouthTrust Bank of Alabama, N.A. ("SouthTrust"), appeals from an order of the Etowah Circuit Court granting a preliminary injunction preventing SouthTrust from honoring a letter of credit. See Ala. R.App. P. 4(a)(1). Because the trial court exceeded its discretion in granting the injunction, we reverse and remand with instructions to dissolve the injunction.
I. Facts
In 1995, the Airport Authority of India ("AAI") retained Transact International, Inc. ("Transact"), a Connecticut corporation, to build a cargo-handling facility at the Indira Gandhi International Airport in New Delhi, India. The…
2Cases cited10 opinions
- Itek Corporation v. The First National Bank of Boston, Bank Melli IranCourt of Appeals for the First Circuit · 1984
- Perley v. Tapscan, Inc.Supreme Court of Alabama · 1994
- Roman Ceramics Corp. v. Peoples National BankCourt of Appeals for the Third Circuit · 1983
- Benetton Services Corp. v. Benedot, Inc.Supreme Court of Alabama · 1989
- Ormco Corp. v. JohnsSupreme Court of Alabama · 2003
5 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- Holiday Isle, LLC v. AdkinsSupreme Court of Alabama · 2008
- Barber v. Cornerstone Community Outreach, Inc.Supreme Court of Alabama · 2009
- Capmark Bank v. Rgr, LLCSupreme Court of Alabama · 2011
- Ex parte B2K Systems, LLC Ingenuity International, LLC and Robert A. Przybysz.Supreme Court of Alabama · 2014
- Monte Sano Research Corp. v. Kratos Defense & Security Solutions, Inc.Supreme Court of Alabama · 2012
27 more not listed; retrieve them via the Exa API.