COMDATA NETWORK v. FIRST INTERSTATE BANK

No. 91-772.

497 N.W.2d 807 (1993)

COMDATA NETWORK, INC., Appellant, v. FIRST INTERSTATE BANK OF FORT DODGE, Appellee.

Supreme Court of Iowa.

March 24, 1993.


Attorney(s) appearing for the Case

Dan T. McGrevey, Fort Dodge, for appellant.

Leonard R. Holland, Dayton, for appellee.

Considered by McGIVERIN, C.J., and HARRIS, LARSON, CARTER, and NEUMAN, JJ.


HARRIS, Justice.

This suit against a bank was based on a letter of credit. The district court entered judgment against the bank for cash advances but not for credit card advances. The plaintiff appealed, believing the judgment too low; the bank cross-appealed, believing it too high. The court of appeals affirmed on both appeals and so do we.

Plaintiff Comdata Network, Inc. (Comdata) is a Maryland corporation engaged in money transfer services. It provides...

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