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MELLON BANK, N.A. v. GENERAL ELEC. CREDIT CORP.

Civ. A. No. 87-1443.

724 F.Supp. 360 (1989)

MELLON BANK, N.A., a National Banking Association, Plaintiff, v. GENERAL ELECTRIC CREDIT CORPORATION, a New York Corporation, Defendant.

United States District Court, W.D. Pennsylvania.

October 27, 1989.

Attorney(s) appearing for the Case

Joseph F. McDonough, James R. Walker, Manion McDonough & Lucas, P.C., Pittsburgh, Pa., for plaintiff.

Arthur L. Schwarzwaelder, Dickie McCamey & Chilcote, P.C., Pittsburgh, Pa., for defendant.

OPINION

COHILL, Chief Judge.

Plaintiff, Mellon Bank, N.A. ("Mellon"), sues to recover for defendant's allegedly improper draw on a standby letter of credit. The parties have filed cross motions for summary judgment with several briefs and a considerable amount of evidentiary material. The pertinent agreements are before us, and as to most of the issues raised by the parties there are no apparent disputed issues...

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