Legal Opinion
Menard, Inc. v. King De Son, Co., Ltd.
Court of Appeals of Minnesota
Decided March 5, 1991No. C6-90-1588PublishedCited by 4 opinions
1Opinion of the Court
OPINION
FOLEY, Judge.
Appellant Menard, Inc. contends there are genuine issues of material fact whether respondent First Commercial Bank of Taipei, Taiwan is a holder in due course of letters of credit issued by respondent National City Bank of Minneapolis on behalf of Menard with respondent King De Son, Co., Ltd. of Taipei, Taiwan as the beneficiary. The trial court granted summary judgment for First Commercial and dissolved an injunction against payment on the letters of credit, holding First Commercial was a holder in due course. We affirm.
FACTS
Beginning in 1984, Menard purchased goods from…
2Cases cited10 opinions
- Thiele v. StichSupreme Court of Minnesota · 1988
- Marine Midland Bank-New York v. Graybar Electric Co.New York Court of Appeals · 1977
- Shaffer v. Brooklyn Park Garden ApartmentsSupreme Court of Minnesota · 1977
- Carlisle Ex Rel. Scott v. City of MinneapolisCourt of Appeals of Minnesota · 1989
- Goodkind v. University of MinnesotaSupreme Court of Minnesota · 1988
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3Cited by4 opinions
- Matter of Trust Created by HillCourt of Appeals of Minnesota · 1993
- Augustine v. Arizant Inc.Court of Appeals of Minnesota · 2007
- American Parkinson Disease Ass'n v. First National Bank of NorthfieldCourt of Appeals of Minnesota · 1998
- Crossroads Bank of Georgia v. State Bank of SpringfieldCourt of Appeals of Minnesota · 1991