The Wing on Bank Limited of Hong Kong v. American National Bank and Trust Company of Fort Lauderdale

A careful review of the evidence submitted to the Court below, sitting as trier of the facts, convinces us that his findings of fact and conclusions of law hereto appended are correct so far as they go.

But as Wing On points out they are deficient in not treating expressly with the failure of American National to notify Wing On of the defects in the documents of the letter of credit papers required. 1 However, even if the defendant failed to satisfy that obligation here, the record reveals that Wing On failed to establish that it was prejudiced by the delay. The merchandise was not shipped on…