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ANDINA COFFEE v. NATL BANK

160 A.D.2d 104 (1990)

Andina Coffee, Inc., Plaintiff, v. National Westminster Bank USA, Appellant, and Banco Credito Y Commercio, Respondent, et al., Defendant Andina Coffee, Inc., Plaintiff, v. Cooperatieve Centrale Raiffeisenboerenleenbank B. A., "Rabobank Nederland", New York Branch, Appellant, and Banco Credito Y Commercio, Respondent, et al., Defendants

Appellate Division of the Supreme Court of the State of New York, First Department.

August 9, 1990

Attorney(s) appearing for the Case

Edward N. Meyer of counsel (Anthony J. D'Auria and Robert S. Fischler with him on the brief; Winston & Strawn, attorneys), for appellants.

Dorothea W. Regal of counsel (Thomas J. O'Sullivan and A. Grant McCrea, with her on the brief; White & Case, attorneys), for respondent.

MURPHY, P. J., CARRO, ASCH and WALLACH, JJ., concur.

MILONAS J.

Plaintiff Andina Coffee, Inc., a New York corporation, was engaged in the importation of coffee from defendant Gonchecol, Ltda., at one time a major Columbian exporter of coffee. To pay for its purchases, Andina delivered to Gonchecol letters of credit which it obtained from a number of commercial banks in New York, including defendants National Westminster Bank USA (NatWest) and Cooperatieve Centrale...

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