3com Corporation v. Banco Do Brasil, S.A.

JOSÉ A. CABRANES, Circuit Judge:

Banco do Brasil, S.A. (“Banco”) appeals from a final judgment of the United States District Court for the Southern District of New York (Sonia Sotomayor, Judge) awarding 3Com Corporation (“3Com”), the beneficiary of a standby letter of credit issued by Banco, '$250,000, plus interest and costs, for Banco’s wrongful dishonor of two drafts on the letter of credit by 3Com. See 3Com Corp. v. Banco de Brasil, S.A., 2 F.Supp.2d 452 (S.D.N.Y.1998). In this appeal, Banco contends that the District Court erred by granting summary judgment for 3Com based upon conclusions…