INDEX TO CASE LAWS
APPLICANT Vs VARIOUS OTHER PARTIES
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To enjoin issuer from paying beneficiary, from drawing on LC, or from removing proceeds from the U.S
Against confirmer on several grounds including fraud and negligence
Sued advising bank to recover funds paid to beneficiary under an LC
To enjoin issuer from honoring or paying under a letter of credit.
Injunction to prevent the issuer from honoring the letter of credit and to prohibit the beneficiary from drawing on it.
Sued confirmer for breach of contract and failure to use reasonable care in wrongfully honoring L/C
Against shipbroker and beneficiary for restitution and fraud.
Against beneficiary for recovery of L/C proceeds for the debtor's estate.