Nissho Iwai Europe PLC v. Korea First Bank

—Order, Supreme Court, New York County (Herman Cahn, J.), entered June 26, 2002, which, in an action for wrongful dishonor and anticipatory repudiation of a letter of credit issued by defendant for plaintiff’s benefit, denied defendant’s motion to vacate, on the ground of newly discovered evidence, the judgment that was entered against it upon plaintiff’s motion for summary judgment, unanimously affirmed, with costs.

Defendant’s new evidence would not avail to vacate the judgment even if it shows, as defendant claims, that plaintiff and the applicant collaborated to draft the subject letter of…