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· 8/16/1994

Western International Forest Products, Inc. v. Shinhan Bank

Citations

  • 860 F. Supp. 151
  • 24 U.C.C. Rep. Serv. 2d (West) 998
  • 1994 U.S. Dist. LEXIS 11481
  • 1994 WL 446019

How courts have described this case

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

  • noting that it makes no difference for waiver analysis whether beneficiary or bank seeks waiver
  • “[I]t is a routine procedure for issuing banks to seek waivers from customers when a beneficiary presents non-conforming documents.”
  • \One manifestation of the strict compliance rule is the long-standing practice among issuers to require original documents unless the letter of credit stipulates otherwise\

Source: CourtListener parenthetical corpus (CC0).

Judges: Cedarbaum

Read full opinion on CourtListener

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.