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Court of Appeals of New York


NISSHO IWAI EUROPE PLC v. KOREA FIRST BANK, 1 No. 147

The renewal of a revolving standby letter of credit was not implicitly contingent on the repayment of funds previously disbursed by the issuing bank.

Appellate Information

  • Decided 11/19/2002
  • Published 11/19/2002

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  • Court of Appeals of New York

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