Griffin Companies v. First National Bank of St. Paul
Court of Appeals of Minnesota
1Opinion of the Court
OPINION
FORSBERG, Judge.
This is an appeal from an order granting a temporary injunction preventing the hon- or of a letter of credit. We affirm.
FACTS
This is an appeal from an order granting a preliminary injunction on March 15, 1985, preventing the honor of an irrevocable letter of credit procured by Griffin Companies, Inc. (Griffin) in favor of Heritage Associates Limited (Heritage). The letter was issued by the First National Bank of St. Paul which has renewed the letter until December 31, 1985. The injunction issued based on Griffin’s claim that Heritage attempted to draw on the letter…
2Cases cited8 opinions
- Harris Corporation v. National Iranian Radio and Television and Bank Melli Iran, DefendantsCourt of Appeals for the Eleventh Circuit · 1982
- O'Grady v. First Union National BankSupreme Court of North Carolina · 1978
- Sztejn v. J. Henry Schroder Banking Corp.New York Supreme Court · 1941
- Dynamics Corp. of America v. Citizens & Southern National BankDistrict Court, N.D. Georgia · 1973
- Shaffer v. Brooklyn Park Garden ApartmentsSupreme Court of Minnesota · 1977
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3Cited by1 opinion
- Menard, Inc. v. King De Son, Co., Ltd.Court of Appeals of Minnesota · 1991