Opinion · Supreme Court of the United States
Mercantile National Bank v. Barclays Bank D. C. O.
Mercantile Nat’l Bank v. Barclays Bank D. C. O., 414 U.S. 1139 (1974)
- Type
- Opinion
- Court
- Supreme Court of the United States
- Jurisdiction
- Federal
- Date
- 1974-01-08
- Topic
- general
How later courts describe this case
- when bank says documents conform, it cannot then deny conformity after expiration
- banks in commercial undertaking entitled to assume each other’s competence in own affairs
- letter of credit to assure lender of a commitment standby fee
Citator
UpLaw has not yet analyzed Mercantile National Bank v. Barclays Bank D. C. O.. The absence of a flag is not a finding that it is good law.
- Cited by
- 56 opinions
C. A. 5th Cir. Petition for writ of certiorari dismissed under Rule 60 of the Rules of this Court.