Bank of Cochin Ltd. v. Manufacturers Hanover Trust Co.
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION
CANNELLA, Senior District Judge:
Plaintiff’s motion for summary judgment is denied. Fed.R.Civ.P. 56(a).
Defendant’s motion for summary judgment is granted. Fed.R.Civ.P. 56(b).
FACTS
Bank of Cochin Limited [“Cochin”], an Indian corporation and the issuer of letter of credit BB/VN/41/80, commenced this diversity action against Manufacturers Hanover Trust Company [“MHT”], a New York corporation that acted as the confirming bank on the letter. Cochin seeks recovery of the amount paid by MHT, thereafter debited to Cochin's account at MHT, on drawings negotiated in New York between…
2Cases cited36 opinions
- Thorpe v. Housing Authority of DurhamSupreme Court of the United States · 1969
- Venizelos, S.A. v. Chase Manhattan BankCourt of Appeals for the Second Circuit · 1970
- J. Zeevi & Sons, Ltd. v. Grindlays BankNew York Court of Appeals · 1975
- Corporacion De Mercadeo Agricola v. Mellon Bank InternationalCourt of Appeals for the Second Circuit · 1979
- Marino Industries Corp., Cross-Appellee v. The Chase Manhattan Bank, N.A., Cross-AppellantCourt of Appeals for the Second Circuit · 1982
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3Cited by45 opinions
- Alaska Textile Co., Inc. v. Chase Manhattan Bank, N.A.Court of Appeals for the Second Circuit · 1992
- Bank of Cochin, Ltd. v. Manufacturers Hanover Trust Company and St. Lucia Enterprises, Ltd.Court of Appeals for the Second Circuit · 1986
- Banque Worms v. Banque Commerciale PriveeDistrict Court, S.D. New York · 1988
- Oei v. Citibank, N.A.District Court, S.D. New York · 1997
- E & H Partners v. Broadway National BankDistrict Court, S.D. New York · 1998
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