Mutual Export Corporation v. Westpac Banking Corporation

OAKES, Circuit Judge:

Westpac Banking Corporation (“West-pac”) appeals from a judgment of the United States District Court for the Southern District of New York, Whitman Knapp, Judge, granting Mutual Export Corporation (“Mutual”) summary judgment in a diversity case. The district court held that a $500,000 letter of credit issued to Mutual by Westpac did not contain the termination date that had been agreed to by prior contract and, therefore, ordered that the letter of credit be reformed to reflect the appropriate date. Mutual Export Corp. v. Westpac Banking Corp., 789 F.Supp. 1279…