Legal Opinion
United Commodities-Greece v. Fidelity International Bank
New York Court of Appeals
Decided April 4, 1985PublishedCited by 38 opinions
1Opinion of the Court
OPINION OF THE COURT
Lynch, J.
Defendant Pillsbury Company contracted to sell to the plaintiff 50,000 metric tons of corn destined for shipment from a Gulf of Mexico port to a Black Sea port and resale to the Soviet Union. To provide payment, plaintiff obtained two letters of credit, one by the defendant Trade Development Bank with the defendant Republic National Bank as advising bank, the other by Banque de la Mediterranee with the defendant Fidelity International Bank, the confirming bank. Payment on the letters has been refused. The propriety of this refusal has been raised by cross and…
2Cases cited9 opinions
- Werking v. Amity Estates, Inc.New York Court of Appeals · 1956
- Janos v. PeckAppellate Division of the Supreme Court of the State of New York · 1964
- Janos v. PeckNew York Court of Appeals · 1964
- Anglo-South American Trust Co. v. UheNew York Court of Appeals · 1933
- Eximetals Corp. v. GuimaraesAppellate Division of the Supreme Court of the State of New York · 1979
4 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Alaska Textile Co., Inc. v. Chase Manhattan Bank, N.A.Court of Appeals for the Second Circuit · 1992
- Bank of Cochin Ltd. v. Manufacturers Hanover Trust Co.District Court, S.D. New York · 1985
- Nissho Iwai Europe PLC v. Korea First BankNew York Court of Appeals · 2002
- Computer Possibilities Unlimited, Inc. v. Mobil Oil Corp.Appellate Division of the Supreme Court of the State of New York · 2002
- Mark S. Rose and Frederic G. Rose v. Amsouth Bank of Florida, Docket No. 04-0389-CvCourt of Appeals for the Second Circuit · 2004
33 more not listed; retrieve them via the Exa API.