Johansen v. E.I. DuPont de Nemours & Co.

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).