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SHAANXI JINSHAN TCI ELECTRONICS CORPORATION v. FLEETBOSTON FINANCIAL CORPORATION

No. 02-P-723.

61 Mass. App. Ct. 41 (2004)

807 N.E.2d 180

SHAANXI JINSHAN TCI ELECTRONICS CORPORATION v. FLEETBOSTON FINANCIAL CORPORATION & another.

Appeals Court of Massachusetts, Suffolk.

April 28, 2004.

Attorney(s) appearing for the Case

Charles P. Kindregan (Melvin S. Hoffman with him) for the plaintiff.

Timothy M. Hughes for the defendants.

Present: Lenk, Grasso, & Cowin, JJ.

COWIN, J.

We address cross appeals arising from the refusal of BayBank, N.A. (BayBank), the predecessor in interest of Fleet National Bank,2 to make payment on a standby letter of credit. A judge of the Superior Court granted summary judgment in favor of the plaintiff, Shaanxi Jinshan TCI Electronics Corporation (Shaanxi), for wrongful dishonor of the letter of credit. At the same time, he granted summary judgment for the defendants on...

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