Banco Nacional De Desarrollo v. Mellon Bank, N.A., Appeal of Banco Nacional De Desarrollo, in No. 83-5247. Appeal of Mellon Bank, N.A., in No. 83-5272

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• referring to letter of credit as an “efficacious arrangement which assures payment for completion of an obligation by placing the duty to pay on an issuer of good financial reputation”

Source: CourtListener parenthetical corpus (CC0).