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BRAUN v. INTERCONTINENTAL BANK

No. 84-1463.

466 So.2d 1130 (1985)

David BRAUN d/b/a Marti International Corporation, Appellant, v. INTERCONTINENTAL BANK, Appellee.

District Court of Appeal of Florida, Third District.

Rehearing Denied April 22, 1985.

Attorney(s) appearing for the Case

Ferdie & Gouz and Ainslee Ferdie and Jeffrey Solomon, Coral Gables, for appellant.

Salley, Barns, Pajon, Guttman & Del Valle and Deborah S. Chames, Miami, for appellee.

Before HENDRY, NESBITT and FERGUSON, JJ.

PER CURIAM.

Braun, the plaintiff below, appeals a final summary judgment entered in favor of Intercontinental Bank (Intercontinental). We affirm.

Braun entered into an agreement with Griferia Marti, S.A. (Griferia), whereby Griferia agreed to ship plumbing fixtures to Miami where Braun would resell them. Braun agreed to obtain a $100,000 letter of credit in favor of Griferia. Braun ultimately had Intercontinental issue an irrevocable letter of credit in favor...

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