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3COM CORP. v. BANCO DE BRASIL, S.A.

No. 97 Civ. 3819(SS).

2 F.Supp.2d 452 (1998)

3COM CORPORATION, Plaintiff, v. BANCO DE BRASIL, S.A., Defendant.

United States District Court, S.D. New York.

April 3, 1998.

Attorney(s) appearing for the Case

Moses & Singer LLP, New York City, David Rabinowitz, Michael Evan Avidon, Michael J. Richter, for Plaintiff.

Wang & Wang, San Francisco, CA, Francis S.L. Wang, for Defendant.

OPINION AND ORDER

SOTOMAYOR, District Judge.

Plaintiff, 3Com Corporation ("3Com"), moves for summary judgment pursuant to Fed.R.Civ.P. 56 on its cause of action for wrongful dishonor of a standby letter of credit issued by defendant, Banco de Brasil S.A. ("Banco"). Defendant cross-moves for summary judgment. For the reasons to be discussed, plaintiff's motion for summary judgment is granted, and...

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