Legal Opinion
Eastland Bank v. Massbank for Savings
District Court, D. Rhode Island
Decided June 18, 1991No. Civ. A. 90-319LPublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
LAGUEUX, District Judge.
This matter is presently before the Court on the motions of defendant Massbank for Savings (“Massbank”) for summary judgment. Massbank, the beneficiary of a letter of credit issued by plaintiff Eastland Bank (“Eastland”), requests entry of summary judgment not only on Eastland’s amended complaint for declaratory relief, but also on all four of its counterclaims seeking a monetary award.
Eastland’s amended complaint seeks a declaratory judgment to the effect that it has no duty to honor two drafts made by Massbank on the letter of credit. Eastland…
2Cases cited9 opinions
- Laurence B. Greenburg, Etc. v. Puerto Rico Maritime Shipping Authority, Etc.Court of Appeals for the First Circuit · 1987
- Itek Corporation v. The First National Bank of Boston, Bank Melli IranCourt of Appeals for the First Circuit · 1984
- Flagship Cruises, Ltd. v. New England Merchants National Bank of Boston, and Chemical BankCourt of Appeals for the First Circuit · 1978
- Ground Air Transfer, Inc. D/B/A Charter One v. Westates Airlines, Inc. And Jesse YohananCourt of Appeals for the First Circuit · 1990
- The Emery-Waterhouse Company v. Rhode Island Hospital Trust National Bank, the Emery-Waterhouse Company v. Rhode Island Hospital Trust National BankCourt of Appeals for the First Circuit · 1985
4 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Crellin Technologies, Inc. v. Equipmentlease Corp.Court of Appeals for the First Circuit · 1994
- Revlon Realistic, Inc. v. Las Americas Trust Co.Supreme Court of Puerto Rico · 1994
- Crellin v. Equipmentlease Corp.Court of Appeals for the First Circuit · 1994
- Eastland Bank v. Massbank for SavingsCourt of Appeals for the First Circuit · 1991