Confeccoes Texteis De Vouzela, Lda. And Montezela-Metalomecanica E Fundicao, Lda. v. Riggs National Bank of Washington, D.C

How courts have described this case

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

• finding that confirming bank owes statutory duty only to the issuing bank and not to the issuing bank’s customer; since the UCC applies, customer cannot assert common law remedies
• remarking “the only duty owed by a confirming bank is to its customer, the issuing bank”
• stating “[w]e find that the Uniform Commercial Code (‘UCC’) governs the relationship of the parties to this dispute and that under it a confirming bank owes no duty to the [customer]”
• examining UCC violations, tort claims, and breach of warranty claims

Source: CourtListener parenthetical corpus (CC0).