Brenntag International Chemicals, Inc. v. Bank of India, Defendant-Cross-Claimant-Appellant, Norddeutsche Landesbank Gz

U.S. Court of Appeals, Second Circuit · Decided 1999-04-26

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WINTER, Chief Judge: Bank of India (“BOI”) appeals from Judge Sweet’s order preliminarily enjoining Norddeutsche Landesbank GZ (“NDL”) from making payment under an irrevocable stand-by letter of credit (“LOC”). The LOC was issued by NDL at the request of Brenntag International Chemicals, Inc. (“Brenntag”), as applicant, made out to Petro Pharma PTE, Ltd. (“Petro”) as beneficiary…

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