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· 5/31/1979

Siderius, Inc. v. Wallace Co., Inc.

Citations

  • 583 S.W.2d 852
  • 27 U.C.C. Rep. Serv. (West) 191

How courts have described this case

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

  • applying Maryland law and holding best efforts clause enforceable and defined in terms of reasonableness highly dependent upon surrounding circumstances
  • if, after initial presentment and dishonor, beneficiary of credit could cure defects and timely present again, issuer waives such defects as grounds for subsequent dishon- or unless beneficiary is made aware of the defects so that he does have an opportunity to cure and present again

Source: CourtListener parenthetical corpus (CC0).

Judges: Summers

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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.