Legal Opinion

Voest-Alpine Trading USA Corp. v. Bank of China

District Court, S.D. Texas

Decided March 13, 2000No. 4:95CV4954PublishedCited by 1 opinion

1Opinion of the Court

FINDINGS OF FACT AND CONCLUSIONS OF LAW

GILMORE, District Judge.

On February 16 -17 and 21-28, 2000, a bench trial was held in the above-styled case. Having considered the evidence in this case and the applicable law, the Court enters the following findings of fact and conclusions of law.

On June 23, 1995, Plaintiff Voest-Alpine Trading USA Corporation (“Voest-Al-pine”) entered into a contract with Jiangy-in Foreign Trade Corporation (“JFTC”) to sell JFTC 1,000 metric tons of styrene monomer at a total price of $1.2 million. To finance the transaction, JFTC applied for a letter of credit through…

2Cases cited11 opinions

  1. Philadelphia Gear Corporation v. Central BankCourt of Appeals for the Fifth Circuit · 1983
  2. East Girard Savings Association v. Citizens National Bank and Trust Company of BaytownCourt of Appeals for the Fifth Circuit · 1979
  3. Flagship Cruises, Ltd. v. New England Merchants National Bank of Boston, and Chemical BankCourt of Appeals for the First Circuit · 1978
  4. Alaska Textile Co., Inc. v. Chase Manhattan Bank, N.A.Court of Appeals for the Second Circuit · 1992
  5. Bank of Cochin Ltd. v. Manufacturers Hanover Trust Co.District Court, S.D. New York · 1985

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3Cited by1 opinion

  1. All American Semiconductor, Inc. v. Wells Fargo Bank Minnesota, N.A.Court of Appeals for the Eighth Circuit · 2004

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