OCCIDENTAL FIRE & CAS. v. CONTINENTAL ILL. NAT. BK

No. 87-122-CIV-5.

689 F.Supp. 564 (1988)

OCCIDENTAL FIRE & CASUALTY COMPANY OF NORTH CAROLINA, Plaintiff, v. CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO, Defendant.

United States District Court, E.D. North Carolina, Raleigh Division.

May 17, 1988.


Attorney(s) appearing for the Case

Peter M. Foley, Arthur W. O'Connor, Jr., LeBoeuf, Lamb, Leiby & MacRae, Raleigh, N.C., for plaintiff.

John V. Hunter, III, Hunter, Wharton & Howell, Raleigh, N.C., for defendant.


ORDER

TERRENCE WILLIAM BOYLE, District Judge.

This dispute involves letters of credit issued by defendant bank and naming plaintiff as a beneficiary. Plaintiff filed this action when defendant refused to honor the letters of credit presented by plaintiff. Defendant alleges that the presentation did not conform with the terms of the letters. Defendant's motions to dismiss for lack of jurisdiction and failure to state a claim are before the court at this time...

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