Legal Opinion
Beyene v. Irving Trust Co.
District Court, S.D. New York
Decided October 31, 1984No. 83 Civ. 4067(MEL)PublishedCited by 6 opinions
1Opinion of the Court
LASKER, District Judge.
The issue presented is whether Irving Trust Company (“Irving”) acted properly in refusing to honor a letter of credit issued on behalf of plaintiff Dessaleng Beyene. Irving moves for summary judgment to dismiss the complaint against it on the grounds that it complied with the obligations which apply under the Uniform Cus toms and Practice for Documentary Credits (“UCP”) of the International Chamber of Commerce, 1 and that plaintiff Jean Hanson lacks standing to maintain this action. Beyene and Hanson oppose the motion on the grounds that there exist material questions…
2Cases cited8 opinions
- Venizelos, S.A. v. Chase Manhattan BankCourt of Appeals for the Second Circuit · 1970
- Maurice O'Meara Co. v. National Park BankNew York Court of Appeals · 1925
- Barclays Bank D. C. O. v. Mercantile National BankCourt of Appeals for the Fifth Circuit · 1973
- Marino Industries Corp., Cross-Appellee v. The Chase Manhattan Bank, N.A., Cross-AppellantCourt of Appeals for the Second Circuit · 1982
- Courtaulds North America, Inc. v. North Carolina National Bank, a National Banking AssociationCourt of Appeals for the Fourth Circuit · 1975
3 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Bank of Cochin Ltd. v. Manufacturers Hanover Trust Co.District Court, S.D. New York · 1985
- Dessaleng Beyene and Jean M. Hanson v. Irving Trust CompanyCourt of Appeals for the Second Circuit · 1985
- Newvector Communications, Inc. v. Union BankDistrict Court, D. Utah · 1987
- Ladenburg Thalmann & Co, Inc. v. Signature BankAppellate Division of the Supreme Court of the State of New York · 2015
- First State Bank v. Diamond Plastics Corp.Supreme Court of Oklahoma · 1995
1 more not listed; retrieve them via the Exa API.