Legal Opinion

Bank of Newport, a California Banking Corporation v. The First National Bank and Trust Company of Bismarck, a North Dakota Corporation

Court of Appeals for the First Circuit

Decided September 10, 1982No. 82-1184PublishedCited by 21 opinions

1Opinion of the Court

FLOYD R. GIBSON, Senior Circuit Judge.

Bank of Newport appeals from the dismissal by the district court 1 after a bench trial of Bank of Newport’s diversity action against First National Bank and Trust Company of Bismarck (First National) for alleged wrongful dishonor of a draft drawn under a letter of credit issued by First National. We affirm the district court.

I

The events leading to this action began when First National at the request of Drs. Robert Honkola, Ralph Honkola, and Richard Fettig (the doctors) issued an irrevocable letter of credit, dated June 30, 1976, in the amount of…

2Cases cited10 opinions

  1. Venizelos, S.A. v. Chase Manhattan BankCourt of Appeals for the Second Circuit · 1970
  2. Sztejn v. J. Henry Schroder Banking Corp.New York Supreme Court · 1941
  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. West Virginia Housing Development Fund v. SrokaDistrict Court, W.D. Pennsylvania · 1976

5 more not listed; retrieve them via the Exa API.

3Cited by21 opinions

  1. Banque Paribas v. Hamilton Industries International, Inc.Court of Appeals for the Seventh Circuit · 1985
  2. Century Fire & Marine Insurance v. Bank of New England-Bristol County, N.A.Massachusetts Supreme Judicial Court · 1989
  3. Brown v. United States Nat. Bank of OmahaNebraska Supreme Court · 1985
  4. American National Bank & Trust Co. v. Hamilton Industries International, Inc.District Court, N.D. Illinois · 1984
  5. Arbest Construction Company, Inc. v. The First National Bank & Trust Company of Oklahoma City, Heritage Manufacturing and Building Supply, Inc. v. The First National Bank & Trust Company of Oklahoma CityCourt of Appeals for the First Circuit · 1985

16 more not listed; retrieve them via the Exa API.

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