Southern Marine Research, Inc. v. Nateman
Florida District Courts of Appeal
Southern Marine Research, Inc. v. Nateman, 434 So. 2d 47 (1983)
1983 Fla. App. LEXIS 20891
Nesbitt, Pearson, Schwartz
Southern Marine Research, Inc. v. Nateman
Opinion of the Court
Since the documents submitted to the issuing bank required payment of the irrevocable letter of credit in question as specifically modified by the customer pursuant to Section 675.106(2), Florida Statutes (1981), the trial court correctly directed a verdict against the bank for the payment of the letter. Compare, Fidelity National Bank of South Miami v. Dade County, 371 So.2d 545 (Fla. 3d DCA 1979). The other point raised has no merit.
Affirmed.
Reference
- Full Case Name
- SOUTHERN MARINE RESEARCH, INC., and Colonial Bank Corporation, Inc. v. Harry R. NATEMAN and Paul W. Mayer
- Cited By
- 1 case
- Status
- Published