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AMF HEAD SPORTS WEAR, INC. v. RAY SCOTT'S ALL-AM. SPORTS CLUB, INC.

No. Civ. 76-815 Phx. WPC.

448 F.Supp. 222 (1978)

AMF HEAD SPORTS WEAR, INC., a Maryland Corporation, Plaintiff, v. RAY SCOTT'S ALL-AMERICAN SPORTS CLUB, INC., an Arizona Corporation, and the American Bank of Commerce, an Arizona Banking Corporation, Defendants.

United States District Court, D. Arizona.

April 4, 1978.

Attorney(s) appearing for the Case

E. J. Peskind, P.A., Phoenix, Ariz., for plaintiff.

Bruce G. Arnold, of Kriehn & Arnold, Phoenix, Ariz., for defendant American Bank of Commerce.

MEMORANDUM AND ORDER

COPPLE, District Judge.

AMF Head Sports Wear, Inc. (AMF), a Maryland corporation, shipped goods to Columbus, Indiana, pursuant to an agreement with Ray Scott's All-American Sports Club, Inc. (Ray Scott), an Arizona corporation. AMF expected payment under a letter of credit issued by the American Bank of Commerce, an Arizona banking corporation. The bank refused payment, however, because the letter of credit required delivery of the shipment...

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