Prudential Insurance Co. of America v. Marquette National Bank of Minneapolis

How courts have described this case

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

• underlying contract involved payment of a penalty prohibited by law; held, alleged illegality of a commitment standby fee was not a defense
• letter of credit to assure lender of a commitment standby fee
• letter of credit to assure lender of a commitment standby fee

Source: CourtListener parenthetical corpus (CC0).