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NISSHO IWAI EUROPE PLC v. KOREA FIRST BANK

301 A.D.2d 469 (2003)

756 N.Y.S.2d 140

NISSHO IWAI EUROPE PLC, Respondent, v. KOREA FIRST BANK, Appellant.

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

Decided January 28, 2003.

Defendant's new evidence would not avail to vacate the judgment even if it shows, as defendant claims, that plaintiff and the applicant collaborated to draft the subject letter of credit so as to make it "intentionally ambiguous." As the Court of Appeals has previously determined in this case, the disputed terms are not ambiguous (99 N.Y.2d 115, affg 290 A.D.2d 331

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