Legal Opinion

Dulien Steel Products, Inc., of Washington v. Bankers Trust Company

Court of Appeals for the Second Circuit

Decided January 19, 1962No. 69, Docket 26831PublishedCited by 27 opinions

1Opinion of the Court

MARSHALL, Circuit Judge.

Plaintiff appeals from a judgment of the United States District Court for the Southern District of New York, Bryan, J., denying plaintiff’s motion for summary judgment and granting defendant’s cross-motion for summary judgment. This action arises out of the payment by defendant, Bankers Trust Company (Bankers), of the face value of a letter of credit in the amount of $60,500 to the named beneficiary, Richard Sica (Sica), designated by plaintiff, Dulien Steel Products Inc. (Dulien), in a letter of credit issued on its instructions and confirmed by defendant. Dulien…

2Cases cited5 opinions

  1. Maurice O'Meara Co. v. National Park BankNew York Court of Appeals · 1925
  2. Sztejn v. J. Henry Schroder Banking Corp.New York Supreme Court · 1941
  3. Laudisi v. American Exchange National BankNew York Court of Appeals · 1924
  4. Kingdom of Sweden v. New York Trust Co.New York Supreme Court · 1949
  5. Imbrie v. D. Nagase & Co.Appellate Division of the Supreme Court of the State of New York · 1921

3Cited by27 opinions

  1. Dibrell Brothers International S.A., Plaintiff-Counter-Defendant-Appellant v. Banca Nazionale Del Lavoro, Defendant-Counter-Claimant-AppelleeCourt of Appeals for the Eleventh Circuit · 1994
  2. Intraworld Industries, Inc. v. Girard Trust BankSupreme Court of Pennsylvania · 1975
  3. Chase Manhattan Bank v. EquibankCourt of Appeals for the Third Circuit · 1977
  4. Pringle-Associated Mortgage Corporation, a Louisiana Corporation v. Southern National Bank of Hattiesburg, Mississippi, a National Banking CorporationCourt of Appeals for the Fifth Circuit · 1978
  5. East Girard Savings Association v. Citizens National Bank and Trust Company of BaytownCourt of Appeals for the Fifth Circuit · 1979

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