Itek Corp. v. First National Bank of Boston Book Reviews
Itek Corp. v. First National Bank of Boston by United States Court of Appeals for the First Circuit Book Summary
BREYER, Circuit Judge. The First National Bank of Boston ("FNBB"), at the request of Itek Corp., issued several letters of credit running in favor of Bank Melli Iran ("Melli"). Melli demanded payment from FNBB of the money that the letters promised. Itek obtained a federal district court injunction (see 12 U.S.C. § 632) prohibiting FNBB from paying Melli, 566 F. Supp. 1210. Melli, the true party in interest, appeals. The basic question that Mellis appeal presents is whether its effort to obtain the money by calling the letters is "fraudulent." We find the district courts affirmative answer to this question adequately supported. And we therefore affirm its decision to issue the injunction.
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| Book Name | Itek Corp. v. First National Bank of Boston |
| Genre | Law |
| Author | United States Court of Appeals for the First Circuit |
| Published | 22 March 1984, Thursday |
| Language | English |
| E-Book Size | 69.76 KB |
Itek Corp. v. First National Bank of Boston (United States Court of Appeals for the First Circuit) Book Reviews 2024
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Summary of Itek Corp. v. First National Bank of Boston by United States Court of Appeals for the First Circuit
The Itek Corp. v. First National Bank of Boston book written by United States Court of Appeals for the First Circuit was published on 22 March 1984, Thursday in the Law category. A total of 62 readers of the book gave the book 0 points out of 5.
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