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BANK OF CANTON, LTD. v. REPUBLIC NAT. BANK

No. 531, Docket 80-7665.

636 F.2d 30 (1980)

The BANK OF CANTON, LTD., Plaintiff-Appellee, v. REPUBLIC NATIONAL BANK OF NEW YORK, Defendant-Third Party Plaintiff-Appellant, v. SHARP INTERNATIONAL CORP., Third Party Defendant-Appellee.

United States Court of Appeals, Second Circuit.

Decided December 19, 1980.

Attorney(s) appearing for the Case

Jonathan L. Sulds, New York City (Herman E. Cooper, P.C., New York City, of counsel), for defendant-third party plaintiff-appellant.

Charles E. McTiernan, Jr., New York City (Richard J. Concannon, Kelley Drye & Warren, New York City, of counsel), for plaintiff-appellee.

Before MANSFIELD and NEWMAN, Circuit Judges, and CARTER, District Judge.

PER CURIAM:

Republic National Bank of New York ("RNB") appeals from an order of the District Court for the Southern District of New York entered on July 9, 1980, by Judge Charles S. Haight, Jr. (1) granting summary judgment in favor of The Bank of Canton, Ltd. ("BC") for damages based on RNB's dishonoring of drafts presented upon a letter of credit issued by RNB, which BC had negotiated, and (2) denying RNB's cross-motion for summary judgment. Jurisdiction is based...

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