California Court of Appeal

DBJJJ, INC. v. NATIONAL CITY BANK, B169885

Under the Uniform Customs and Practices for Documentary Credits, when a bank issuing a documentary letter of credit seeks a waiver from an applicant, seven banking days is not an automatically reasonable amount of time to provide notice of its decision to refuse the credit.

Appellate Information

• Decided 10/26/2004
• Published 10/26/2004

Judges

• COOPER, P.J.

Court

• California Court of Appeal

Counsel

• For Appellant:
  
• Jamie R. Schloss, Los Angeles, and David L. Amkraut for Plaintiff and Appellant.


• For Appellees:
  
• Mitchell Silberberg & Knupp, Richard B. Sheldon, Los Angeles;  Moses & Singer, Michael Evan Avidon and Philippe Zimmerman, New York, NY, for Defendant and Respondent.