Legal Opinion
United States v. Sun Bank of Miami
Court of Appeals for the Fifth Circuit
Decided January 14, 1980No. 79-2035PublishedCited by 20 opinions
1Per curiam
In the District Court for the Southern District of Florida, the United States sued Sun Bank of Miami for wrongful dishonor of a $150,000 sight draft drawn pursuant to a letter of credit issued by the bank. From an adverse summary judgment, the United States appeals. Finding the dishonor wrongful, we reverse the judgment and remand with instruction to enter judgment for the United States.
In October, 1973, the predecessor of Sun Bank of Miami 1 issued to S. D. Brull & Associates, Inc., the following letter of credit:
“For consideration heretofore received, we hereby establish our Irrevocable…
2Cases cited2 opinions
- 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
- East Girard Savings Association v. Citizens National Bank and Trust Company of BaytownCourt of Appeals for the Fifth Circuit · 1979
3Cited by20 opinions
- Marino Industries Corp., Cross-Appellee v. The Chase Manhattan Bank, N.A., Cross-AppellantCourt of Appeals for the Second Circuit · 1982
- First State Bank v. Diamond Plastics Corp.Supreme Court of Oklahoma · 1995
- Banque Paribas v. Hamilton Industries International, Inc.Court of Appeals for the Seventh Circuit · 1985
- Colorado National Bank of Denver v. Board of County CommissionersSupreme Court of Colorado · 1981
- Bouzo v. Citibank, N.A.Court of Appeals for the Second Circuit · 1996
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