JORGENSON, J.
Banco Lavra, a Brazilian bank, appeals from an order dismissing its multi-count complaint against the beneficiary of a letter of credit. The essence of the complaint is an action against the beneficiary for breach of warranty, pursuant to section 675.111(1), Florida Statutes (1997). We affirm.
Banco Lavra provided an irrevocable documentary standby letter of credit in the amount of $160,000.00 to its customer, RPS (the buyer), in the course of...
Let's get started
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.