KEHOE, Judge.
Appellant, defendant below, brings this appeal from a final judgment dated September 28, 1977, entered by the trial court in favor of appellee, plaintiff below. We reverse.
The relevant facts in this matter may be summarized as follows: Appellee had a contract to sell 56 tons of steel reinforcing rods to Diez & Diez (Purchaser) located in Panama. The purchaser opened a letter of credit as security for the purchase price through the Southeast...
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