Legal Opinion
Tuthill v. Union Savings Bank
Appellate Division of the Supreme Court of the State of New York
Decided October 29, 1990Published
1Opinion of the Court
In an action to recover damages for wrongful dishonor of a standby letter of credit, the plaintiff appeals from an order and judgment (one paper) of the Supreme Court, Suffolk County (Lama, J.), dated December 8, 1988, which, upon granting the defendant’s motion for summary judgment, dismissed the complaint.
Ordered that the judgment is affirmed, with costs.
On December 22, 1983, Jamesport Vineyards, Inc. (hereinafter Jamesport), obtained an irrevocable standby letter of credit in the amount of $112,796.22 from the Union Savings Bank (hereinafter the Bank), which named the plaintiff as its…
2Cases cited5 opinions
- United Commodities-Greece v. Fidelity International BankNew York Court of Appeals · 1985
- United Technologies Corp. v. Citibank, N.A.District Court, S.D. New York · 1979
- Eximetals Corp. v. GuimaraesAppellate Division of the Supreme Court of the State of New York · 1979
- Eximetals Corp. v. GuimaraesNew York Court of Appeals · 1980
- Tuthill v. Union Savings BankNew York Supreme Court · 1988