Legal Opinion
S.B. International, Inc. v. Union Bank of India
Texas Court of Appeals, 5th District (Dallas)
Decided November 16, 1989No. 05-88-01136-CVPublishedCited by 3 opinions
1Opinion of the Court
OPINION
OVARD, Justice.
In this letter of credit case, S.B. International, Inc. (SB) appeals from a judgment entered in favor of Union Bank of India (Union Bank) and BancTexas, Dallas, N.A. (BancTexas). In several points of error, SB raises two main issues: (1) whether certain bills of lading properly conformed to the letter of credit and (2) whether Union Bank’s notice of dishonor was properly given. We affirm the trial court’s judgment.
In February of 1984, Union Bank issued an irrevocable letter of credit in the amount of $74,280, which named SB as beneficiary. The letter stated that the…
2Cases cited8 opinions
- Marino Industries Corp., Cross-Appellee v. The Chase Manhattan Bank, N.A., Cross-AppellantCourt of Appeals for the Second Circuit · 1982
- Philadelphia Gear Corporation v. Central BankCourt of Appeals for the Fifth Circuit · 1983
- Bank of Cochin, Ltd. v. Manufacturers Hanover Trust Company and St. Lucia Enterprises, Ltd.Court of Appeals for the Second Circuit · 1986
- Waidmann v. Mercantile Trust Co. Nat. Ass'nMissouri Court of Appeals · 1986
- Atari, Inc. v. Harris Trust & Savings BankDistrict Court, N.D. Illinois · 1984
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3Cited by3 opinions
- Oei v. Citibank, N.A.District Court, S.D. New York · 1997
- Bank One, Texas, N.A. v. LittleCourt of Appeals of Texas · 1998
- Vest v. Pilot Point National BankCourt of Appeals of Texas · 1999