Legal Opinion
Corporacion De Mercadeo Agricola v. Mellon Bank International
District Court, S.D. New York
Decided December 5, 1978No. 74 Civ. 5203(PNL)PublishedCited by 7 opinions
1Opinion of the Court
MEMORANDUM OPINION
LEVAL, District Judge.
Corporación de Mercadeo Agrícola (“CMA”) the plaintiff brings this action against Mellon Bank International (“Mellon”) alleging that Mellon unjustifiably refused to honor plaintiff’s draft drawn under Mellon’s Letter of Credit 5171. Mellon moves for summary judgment on the grounds that the documentation tendered by plaintiff did not conform to the specifications of the letter of credit. Mellon’s motion is granted. 1
The controversy arises out of dealings between plaintiff CMA and Pan American Fruit and Produce Corporation (“Pan American”). CMA is an…
2Cases cited18 opinions
- Ford v. Unity HospitalNew York Court of Appeals · 1973
- Venizelos, S.A. v. Chase Manhattan BankCourt of Appeals for the Second Circuit · 1970
- Flli Moretti Cereali S.P.A. v. Continental Grain CompanyCourt of Appeals for the Second Circuit · 1977
- Porges v. United States Mortgage & Trust Co.New York Court of Appeals · 1911
- Banco Espanol De Credito v. State Street Bank and Trust Company, (Two Cases)Court of Appeals for the First Circuit · 1967
13 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Corporacion De Mercadeo Agricola v. Mellon Bank InternationalCourt of Appeals for the Second Circuit · 1979
- Newvector Communications, Inc. v. Union BankDistrict Court, D. Utah · 1987
- Corporacion De Mercadeo Agricola v. Mellon Bank InternationalCourt of Appeals for the Second Circuit · 1979
- Rushing v. Trustmark National BankCourt of Appeals of Mississippi · 2011
- Rushing v. Trustmark National BankCourt of Appeals of Mississippi · 2011
2 more not listed; retrieve them via the Exa API.