Bank of Cochin Ltd. v. Manufacturers Hanover Trust Co.

How courts have described this case

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

• providing five copies of required documents instead of six copies as specified by letter of credit did not amount to noncompliance
• “the ultimate customer ... may be barred from a direct action against the confirming bank because of the absence of privity”
• “An issuing bank’s good faith discretion is most required when its customer seeks to avoid payment by objecting to inconsequential defects.”

Source: CourtListener parenthetical corpus (CC0).