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E & H PARTNERS v. BROADWAY NAT. BANK

No. 96 Civ. 7098(RLC).

39 F.Supp.2d 275 (1998)

E & H PARTNERS, Plaintiff, v. BROADWAY NATIONAL BANK, Defendant.

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

October 19, 1998.

Attorney(s) appearing for the Case

Kalnick Klee & Green, P.C., New York City, for plaintiff, Allen Green, of counsel.

Law Offices of Jacques Catafago, New York City, for defendant, Jacques Catafago, of counsel.

OPINION

ROBERT L. CARTER, District Judge.

Plaintiff, E & H Partners ("E & H"), brings this diversity action alleging that defendant Broadway National Bank ("Broadway National") wrongfully dishonored sight drafts on a standby letter of credit. Defendant moved for summary judgment pursuant to Rule 56, F.R. Civ. P., and plaintiff cross-moved. The central issue is whether plaintiff has complied with the terms and conditions contained in the letter...

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