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BENETTON SERVICES CORP. v. BENEDOT, INC.

88-721.

551 So.2d 295 (1989)

BENETTON SERVICES CORPORATION v. BENEDOT, INC., and Southland Bank of Dothan.

Supreme Court of Alabama.

September 1, 1989.

Attorney(s) appearing for the Case

James D. Farmer of Farmer & Farmer, Dothan, for appellant.

William C. Carn III of Lee & McInish, Dothan, for appellees.

SHORES, Justice.

Benetton Services Corporation ("Benetton"), an Italian clothing manufacturer and distributor, appeals from an order enjoining it from drawing on an irrevocable letter of credit issued by Southland Bank of Dothan ("Southland") on behalf of Benedot, Inc. ("Benedot").

Benedot was formed for the purpose of selling Benetton clothing at retail. The agreement between Benedot and Benetton provided that Benedot...

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