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

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 | letter of credit to assure lender of a commitment standby fee

Citator

Cited by
26 opinions

C. A. 5th Cir. Petition for writ of certiorari dismissed under Rule 60 of the Rules of this Court.