Legal Opinion
Gathercrest, Ltd. State Bank of India v. First American Bank & Trust, as Successor in Interest to Merritt Square Bank
Court of Appeals for the First Circuit
Decided December 10, 1986No. 85-3739PublishedCited by 15 opinions
1Opinion of the Court
SIMPSON, Senior Circuit Judge:
Gathercrest, Ltd. and its banker, the State Bank of India (SBI) are financial institutions based in England. SBI, working on behalf of Gathercrest presented to Merritt State Bank, a Florida banking corporation, two bills of exchange payable in British Pounds Sterling (pounds) together with documents of title evidencing ownership of goods which had been manufactured by Pan Acqua, one of Gathercrest’s customers, which had borrowed money to manufacture the goods. Both requests for collection incorporated the Uniform Rules for Collection promulgated by the…
2Cases cited6 opinions
- Blue Shield of Va. v. McCreadySupreme Court of the United States · 1982
- Donald Budge v. Troy v. PostCourt of Appeals for the Fifth Circuit · 1981
- American National Insurance Co. v. De CardenasDistrict Court of Appeal of Florida · 1965
- Overby v. WilleDistrict Court of Appeal of Florida · 1982
- Rayburn C. Hill v. William Howard Nelson and Structural Systems, Inc.Court of Appeals for the Eleventh Circuit · 1982
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3Cited by15 opinions
- U.S. Commodity Futures Trading Commission v. Southern Trust Metals, Inc.Court of Appeals for the Eleventh Circuit · 2018
- Wells Fargo Bank, N.A. v. Citizens Bank of Texas, N.A., Texas Court of Appeals, 10th District (Waco)2005
- Chantier Naval Voisin v. M/Y DAYBREAKDistrict Court, S.D. Florida · 1988
- Manches & Co. v. GilbeyMassachusetts Supreme Judicial Court · 1995
- SCADIF, S.A. v. First Union National BankDistrict Court, S.D. Florida · 2002
10 more not listed; retrieve them via the Exa API.