ALASKA TEXTILE CO. v. LLOYD WILLIAMS FASHIONS, INC.

No. 88 Civ. 7103 (CMM).

777 F.Supp. 1139 (1991)

ALASKA TEXTILE CO., INC., Plaintiff, v. LLOYD WILLIAMS FASHIONS, INC., Lloyd Williams International, Inc., Fairfield-Noble Corp. doing business under the firm name and style of "Cathy Hardwick, Div. of Fairfield-Noble Corp.", and the Chase Manhattan Bank, N.A., Defendants.

United States District Court, S.D. New York.

November 1, 1991.


Attorney(s) appearing for the Case

Kreindler & Relkin, Brett J. Meyer, New York City, for plaintiff.

Liddle, O'Connor, Finkelstein & Robinson, Andrew S. O'Connor, New York City, for Chase Manhattan Bank, N.A., defendant.


OPINION

METZNER, Senior District Judge:

Plaintiff, Alaska Textile Co., (Alaska), seeks $95,538 in damages from Chase Manhattan Bank, N.A., (Chase), for the alleged wrongful dishonor of two letters of credit issued by Chase to Alaska as beneficiary. As Chase is a corporation organized under the laws of the United States the court has subject matter jurisdiction pursuant to 12 U.S.C. § 632.

Alaska...

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