Legal Opinion
Crocker Commercial Services, Inc. v. Countryside Bank
District Court, N.D. Illinois
Decided December 30, 1981No. 81 C 1257PublishedCited by 12 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
SHADUR, District Judge.
Crocker Commercial Services, Inc. (“Crocker”) sues Countryside Bank (“Bank”) for having dishonored Bank’s $20,-000 irrevocable letter of credit (the “Letter of Credit”) in Crocker’s favor as beneficiary, issued for the account of Bank’s customer Everyone’s Effort, Inc. (“Effort”). Crocker and Bank have filed cross-motions for summary judgment. For the reasons stated in this memorandum opinion and order Crocker’s motion is granted and Bank’s is denied.
Facts 1
Crocker, a California corporation, is a wholly owned subsidiary of Crocker National…
2Cases cited11 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Cook Associates, Inc. v. Colonial Broach & MacHine Co.Appellate Court of Illinois · 1973
- Barclays Bank D. C. O. v. Mercantile National BankCourt of Appeals for the Fifth Circuit · 1973
- Chase Manhattan Bank v. EquibankCourt of Appeals for the Third Circuit · 1977
- Pastor v. National Republic Bank of ChicagoIllinois Supreme Court · 1979
6 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Mount Prospect State Bank v. Marine Midland BankAppellate Court of Illinois · 1983
- Atari, Inc. v. Harris Trust & Savings BankDistrict Court, N.D. Illinois · 1984
- Integrated Measurement System, Inc. v. International Commercial Bank of ChinaDistrict Court, N.D. Illinois · 1991
- Osten Meat Co. v. First of America Bank-Southeast MichiganMichigan Court of Appeals · 1994
- Engel Industries, Inc. v. First American Bank, N.A.District Court, District of Columbia · 1992
7 more not listed; retrieve them via the Exa API.