District Court, E.D. Pennsylvania December 11, 1985, Civ. A. 84-3922 (Sound of Market Street, Inc. v. Continental Bank International)

MEMORANDUM and ORDER

JOSEPH S. LORD, III, Senior District Judge.

Plaintiff alleges that the defendant negligently failed to advise it in a timely manner that a letter of credit had been issued in its behalf, thereby causing plaintiff to lose the benefit of the bargain the letter of credit was meant to facilitate.