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CORPORACION de MERCADEO AGRICOLA v. MELLON BANK

No. 74 Civ. 5203(PNL).

464 F.Supp. 88 (1978)

CORPORACION de MERCADEO AGRICOLA, Plaintiff, v. MELLON BANK INTERNATIONAL, Defendant.

United States District Court, S. D. New York.

December 5, 1978.

Attorney(s) appearing for the Case

Herman E. Cooper, P. C., New York City, for plaintiff.

Curtis, Mallet-Prevost, Colt & Mosle, New York City, for defendant.

MEMORANDUM OPINION

LEVAL, District Judge.

Corporacion de Mercadeo Agricola ("CMA") the plaintiff brings this action against Mellon Bank International ("Mellon") alleging that Mellon unjustifiably refused to honor plaintiff's draft drawn under Mellon's Letter of Credit 5171. Mellon moves for summary judgment on the grounds that the documentation tendered by plaintiff did not conform to the specifications of the letter of credit. Mellon's motion is granted...

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