Rothman v. Pacific Telephone & Telegraph Co.

bank obligated to honor drafts drawn and negotiated only in strict compliance with the terms of the letter of credit | refund claim challenged IRS’ determination that a marital deduction be limited to the decedent’s net disposable estate; refund suit sought to assert the IRS had incorrectly determined the decedent’s net disposable estate | similar issue decided under Louisiana law | similar issue decided under Louisiana law | grants of summary judgment affirmed