Legal Opinion
Five Star Parking v. Philadelphia Parking Authority
District Court, E.D. Pennsylvania
Decided January 11, 1989No. Civ. A. 86-1005PublishedCited by 5 opinions
1Opinion of the Court
OPINION
GAWTHROP, District Judge.
Pending before this court is a motion for summary judgment filed on behalf of the third party defendant Bank of America (the Bank). This lawsuit concerns a license agreement, entered into between the Philadelphia Parking Authority (the Authority) and Five Star Parking (Five Star), and a letter of credit issued by the Bank to secure Five Star’s performance of that agreement. The only question presented here is whether the Bank was under a duty to give Five Star notice before allowing the Authority to draw upon the letter of credit. Upon the following reasoning,…
2Cases cited7 opinions
- Intraworld Industries, Inc. v. Girard Trust BankSupreme Court of Pennsylvania · 1975
- Insurance Company of North America v. Heritage Bank, N. ACourt of Appeals for the Third Circuit · 1979
- Sound of Market Street, Inc. v. Continental Bank InternationalCourt of Appeals for the Third Circuit · 1987
- First Empire Bank-New York v. Federal Deposit InsuranceCourt of Appeals for the Ninth Circuit · 1978
- Pubali Bank v. City National BankCourt of Appeals for the Ninth Circuit · 1985
2 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Samuel Rappaport Family Partnership v. Meridian BankSuperior Court of Pennsylvania · 1995
- Oei v. Citibank, N.A.District Court, S.D. New York · 1997
- Banque De L'Union Haitienne, S.A. v. Manufacturers Hanover International Banking Corp.District Court, S.D. Florida · 1991
- Samuel Rappaport Family Partnership v. Meridian BankSuperior Court of Pennsylvania · 1995
- Windsor Twp. v. Tompkins Financial Corp. t/d/b/a VIST BankCommonwealth Court of Pennsylvania · 2022