Supreme Court of South Carolina April 11, 2012, No. 27115 (Hook Point, LLC v. Branch Banking & Trust Co.)

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United States · · · 11-04-2012

Justice PLEICONES.

Respondent Hook Point, LLC (Hook Point) was granted a preliminary injunction preventing Appellant Branch Banking and Trust Company (BB & T) from drawing on, and defendant First Reliance Bank (First Reliance) from honoring, a $1.5 million letter of credit. BB & T appeals. We reverse.

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