1. Home
  2. Browse Decisions
  3. F.2d
  4. 878 F.2d
  5. 878 F.2d 830 (1989)
 

MATTER OF CORAL PETROLEUM, INC.

No. 88-2548.

878 F.2d 830 (1989)

In the Matter of CORAL PETROLEUM, INC., Debtor. TRADAX PETROLEUM AMERICAN, INC., Appellant, v. CORAL PETROLEUM, INC., et al., Appellees.

United States Court of Appeals, Fifth Circuit.

July 28, 1989.

Attorney(s) appearing for the Case

Dean W. Ferguson, Gardere & Wynne, Todd R. Moore, Dallas, Tex., for appellant.

Larry D. Knippa, Knippa & Karl, Houston, Tex., and Dorothea W. Regal, Allan L. Gropper, White & Case, New York City, for appellees.

Before REAVLEY, POLITZ and SMITH, Circuit Judges.

REAVLEY, Circuit Judge:

Tradax Petroleum America, Inc., the beneficiary under an irrevocable standby letter of credit, appeals from the district court's judgment in favor of the issuing bank, French American Banking Corp. ("FABC"), denying reformation or construction of the letter of credit. We affirm.

I.

In March 1983, Tradax, an oil trading company, contracted to sell to Coral Petroleum, Inc. 31,000 barrels of West Texas Intermediate crude oil...

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