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· 12/8/1941

Wojdag v. Brooklyn & Queens Transit Corp.

Citations

  • 263 A.D. 826
  • 32 N.Y.S.2d 139
  • 1941 N.Y. App. Div. LEXIS 5165

How courts have described this case

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

  • holding that New York law governed where payment was to be rendered in New York and New York was locus of repudiation
  • holding that New York law governed where payment was to be rendered in New York and New York was locus of repudiation
  • issuing bank liable for breach by directing reimbursement bank not to pay beneficiary under letter of credit
  • Ugandan bank opened and later unilaterally attempted to cancel irrevocable letter of credit with New York bank
  • “In order to maintain [New York’s] pre-eminent financial position, it is important that the justified expectations of the parties to the contract be protected”
  • “[Wjhere there is a conflict between our public policy and application of comity, our own sense of justice and equity as embodied in our public policy must prevail.”

Source: CourtListener parenthetical corpus (CC0).

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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.