INDEX TO CASE LAWS

APPLICANT VS. BENEFICIARY

click on relevant  'subject matter' for full details

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No. Subject matter Country
101 Allsup's Convenience Stores, Inc. v. North River Insurance Co.

A  wrongful drawing under LC.

 

USA
102 Tiposan Harf Ve Matbaa Gerecleri A.S. v. Masonite Corporation

For damage to goods during shipment.

 

USA
103 AIG Risk Management, Inc. v. Motel 6 Operating L.P.

Temporary injunction preventing draws under letters of credit.

.

USA
104 North American Foreign Trading Corp. v. Chiao Tung Bank

For breach of contract and against the negotiating bank

 

USA
105 Success Universal Ltd. v. CWJ International Trading, Inc.

For breach of contract, fraudulent conceal-ment and conversion..

 

USA
106 Hyosung America, Inc.v. Sumagh Textile Co., Ltd.

For fraudulent presentation of documents.

 

USA
107 Regent Corporation U.S.A. v. Azmat Bangladesh Ltd.

For fraud, breach of contract, and breach of warranty

 

USA
108 Gerald Metals, Inc. v. UBS AG

Applicant sued beneficiary and issuer for injunction

 

Connecticut
109 J. & D. Einbinder Associates v. ICC Performance 3 Limited Partnership

To enjoin the enforcement of the letter of credit

 

USA
110 Leonard A. Feinberg, Inc. v. Capital Corp., Ltd.

And negotiating bank for fraud.

 

USA
111 Leonard A. Feinberg, Inc. v. Central Asia Capital Corp.

For fraudulent advances made under a red clause LC

 

USA
112 Subaru Distributors Corp. v. Subaru of America, Inc.

for a mandatory injunction requiring the beneficiary to accept a LC in the format proffered by the applicant,

 

USA
113 Global Network Technologies, Inc. v. Regional Airport Authority

For breach of warranty, fraud, conversion, and money had and received.

 

USA
114 Myers v. Penn Township

By drawing on a letter of credit without notice and the opportunity for hearing, and for state contract claims,

 

USA
115 West Shore Ventures Ltd. v. K.P.N. Holding Ltd.

For unjust enrichment

 

British Columbia
116 Clark Oil Trading Co. v. J. Aron & Co.

To compel arbitration and prevent the beneficiary from reclaiming funds subject to an attachment order

 

USA
117 Hyosung America, Inc. v. Sumagh Textile Co.

For fraudulent presentation. Counter-claim by beneficiary for unjust enrichment

 

USA
118 Di Maggio v. Cooperativa Agricola S. Giuseppe a r.l.

For recision of contract, fraud, fraudulent misrepresentation, coercion, and extortion.

 

USA