Legal Opinion
Weyerhaeuser Co. v. Israel Discount Bank of New York
District Court, S.D. New York
Decided December 7, 1994No. 92 Civ. 0431 (JFK)PublishedCited by 4 opinions
1Opinion of the Court
OPINION AND ORDER
KEENAN, District Judge:
Before the Court is the motion of defendant Israel Discount Bank of New York (“IDB”) for summary judgment pursuant to Rule 56(b) of the Federal Rules of Civil Procedure (“FRCP”). In this action, Weyerhaeuser Company alleges that IDB, as advising bank under a letter of credit from non-party Bank Leumi Le-Israel (“Leumi”), failed to honor a partial assignment of proceeds to Weyerhaeuser made by defendant, Crestmanor Homes, Inc. (“CHI”), the beneficiary of the letter of credit, despite having notice of the partial assignment. For the reasons set forth…
2Cases cited9 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- John C. Donahue v. Windsor Locks Board of Fire Commissioners, John R. Colli, Jr., Russell C. Gabrielson, and John R. Colli, IIICourt of Appeals for the Second Circuit · 1987
- Delaware & Hudson Railway Company v. Consolidated Rail CorporationCourt of Appeals for the Second Circuit · 1990
- Francis v. CoughlinCourt of Appeals for the Second Circuit · 1989
- Morser v. AT & T INFORMATION SYSTEMSDistrict Court, S.D. New York · 1989
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3Cited by4 opinions
- 3com Corporation v. Banco Do Brasil, S.A.Court of Appeals for the Second Circuit · 1999
- MSF Holding Ltd. v. Fiduciary Trust Co. InternationalDistrict Court, S.D. New York · 2006
- 3Com Corp. v. Banco De Brasil, S.A.District Court, S.D. New York · 1998
- Weyerhaeuser Co. v. Israel Discount Bank of New YorkDistrict Court, S.D. New York · 1995