1. Home
  2. Browse Decisions
  3. F.2d
  4. 873 F.2d
  5. 873 F.2d 227 (1989)
 

NORTHERN TRUST CO. v. COMMUNITY BANK

No. 88-5767.

873 F.2d 227 (1989)

The NORTHERN TRUST COMPANY, Plaintiff-Appellee, v. COMMUNITY BANK, Defendant-Appellant.

United States Court of Appeals, Ninth Circuit.

Decided April 25, 1989.

Attorney(s) appearing for the Case

Holly J. Fujie, Rosen, Wachtell & Gilbert, Los Angeles, Cal., for defendant-appellant.

Robert M. Westberg, Pillsbury Madison & Sutro, Los Angeles, Cal., Joseph A. Hearst, Pillsbury Madison & Sutro, San Francisco, Cal., for plaintiff-appellee.

Andrew J. Valentine, Asst. Gen. Counsel, The Northern Trust Co., Chicago, Ill., of counsel.

Before SCHROEDER, FLETCHER and TROTT, Circuit Judges.

SCHROEDER, Circuit Judge:

The plaintiff in this action is the beneficiary of a letter of credit issued by West Coast Bank, a bank which was put into FDIC receivership before the expiration of the letter of credit. After the FDIC refused to honor West Coast Bank's obligations on the letter, the plaintiff filed this action against the bank that had confirmed the letter of credit, defendant Community Bank.

A question of first impression in this case arises under...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases