Eximetals Corp. v. Guimaraes

Citation51 N.Y.2d 865,433 N.Y.S.2d 1019
CourtNew York Court of Appeals
Decision Date21 October 1980
Parties, 414 N.E.2d 399, 30 UCC Rep.Serv. 657 EXIMETALS CORPORATION, Plaintiff, v. Pinheiro GUIMARAES, S.A., &ors., Defendants, Bank Leumi Trust Company of New York, Respondent, and Banco Do Nordeste Do Brasil, S.A., Appellant. (and a third-party action.) EXIMETALS CORPORATION, Plaintiff, v. Pinheiro GUIMARAES, S.A., &ors., Defendants, Israel Discount Bank, Respondent, Banco Do Nordeste Do Brasil, S.A., and Banco Mercantil Do Brasil, Appellants. (and a third-party action.)

On the Court's own motion, the September 16, 1980 decision to dismiss is vacated, the appellants having accepted this Court's invitation to seek correction of the jurisdictional defect by obtaining leave to appeal from the Appellate Division on a certified question, and the following decision is substituted therefor: Order affirmed, with costs, for reasons stated in the memorandum at the Appellate Division (73 A.D.2d 526, 422 N.Y.S.2d 684) and the question certified answered in the affirmative.

All concur.

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10 cases
  • Mercantile-Safe Deposit and Trust Co. v. Baltimore County
    • United States
    • Court of Appeals of Maryland
    • September 1, 1986
    ...... As stated in Consolidated Aluminum Corp. v. Bank of Virginia, 544 F.Supp. 386, 395 (D.Md.1982) aff'd, 704 F.2d 136 (4th Cir.1983): . ...Fid.Intern., 64 N.Y.2d 449, 478 N.E.2d 172, 489 N.Y.S.2d 31 (1985); Eximetals Corp. v. Pinheiro Guimares, S.A., 73 A.D.2d 526, 422 N.Y.S.2d 684 (N.Y.App.Div.1979), aff'd, 51 ......
  • Texpor Traders, Inc. v. Trust Company Bank
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    ...241, 533 N.Y.S.2d 724, 729 (1988); Eximetals Corp. v. Guimares, S.A., 73 A.D.2d 526, 422 N.Y.S.2d 684 (1979), aff'd, 51 N.Y.2d 865, 433 N.Y.S.2d 1019, 414 N.E.2d 399 (1980). As the oft-cited quotation reminds us, where documents are required "there is no room for documents which are almost ......
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    ...455, 489 N.Y.S.2d 31, 478 N.E.2d 172; Eximetals Corp. v. Pinheiro Guimaraes, S.A., 73 A.D.2d 526, 422 N.Y.S.2d 684, affd 51 N.Y.2d 865, 433 N.Y.S.2d 1019, 414 N.E.2d 399). The post-dating of bills of lading is not only a departure from the requirements of the letters of credit but also cons......
  • Marino Industries Corp. v. Chase Manhattan Bank, N.A.
    • United States
    • United States Courts of Appeals. United States Court of Appeals (2nd Circuit)
    • August 11, 1982
    ......1975); Anglo-South American Trust Co. v. Uhe, 261 N.Y. 150, 156-57, 184 N.E. 741, 743 (1933); Eximetals Corp. v. Guimaraes, S.A., 73 A.D.2d 526, 422 N.Y.S.2d 684 (1st Dep't 1979), aff'd, 51 N.Y.2d 865, 414 N.E.2d 399, 433 N.Y.S.2d 1019 (1980); H. ......
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