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SOUTHTRUST BANK v. WEBB-STILES CO., INC.

1040827.

931 So.2d 706 (2005)

SOUTHTRUST BANK OF ALABAMA, N.A. v. WEBB-STILES COMPANY, INC.

Supreme Court of Alabama.

Rehearing Denied December 16, 2005.

Attorney(s) appearing for the Case

Scott Burnett Smith of Bradley Arant Rose & White, LLP, Huntsville; and Stewart M. Cox of Bradley Arant Rose & White, LLP, Birmingham, for appellant.

Ralph K. Strawn, Jr., of Henslee, Robertson, Strawn & Knowles, L.L.C., Gadsden, for appellee.

NABERS, Chief Justice.

SouthTrust Bank of Alabama, N.A. ("SouthTrust"), appeals from an order of the Etowah Circuit Court granting a preliminary injunction preventing SouthTrust from honoring a letter of credit. See Ala. R.App. P. 4(a)(1). Because the trial court exceeded its discretion in granting the injunction, we reverse and remand with instructions to dissolve the injunction.

I. Facts

In 1995, the Airport Authority of India ("AAI...

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