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Third Circuit· 2/16/1977

Chase Manhattan Bank v. Equibank

Citations

  • 550 F.2d 882
  • 21 U.C.C. Rep. Serv. (West) 247

How courts have described this case

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

  • “Both parties are held to a standard of strict compliance — in the absence of conformity, the beneficiary cannot force payment and the bank pays, at its peril.”
  • “The issuing bank deals only in documents and need only determine whether they appear on their face to be in accordance with the terms and conditions of the credits.”
  • issuer who waives condition of payment jeopardizes right to reimbursement from its customer

Source: CourtListener parenthetical corpus (CC0).

Judges: Weis

Read full opinion on CourtListener

Other cases named Chase Manhattan Bank v. Equibank

2 other CourtListener records share this case name.

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.