518 So. 2d 922 - Devco Development Corp. v. Hooker Homes, Inc.’s Empirical Analysis
1987
Citation profile
1 federal appellate · 6 state decisions
How this case has been cited
Cited by 8 later decisions — most recently September 2009
1 federal appellate · 6 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on 497 So. 2d 1338 - Tsavaris v. NCNB NAT. BANK OF FLA. · Pine Island Ridge Country Club v. Bourst · 371 So. 2d 545 - Fidelity Nat. Bank of South Miami v. DADE CTY. · 466 So. 2d 1130 - Cedars Associates v. E.R. Brownell & Associates, Inc. · 512 So. 2d 1025 - Sea Management Service v. Club Sea
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 8 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“A letter of credit amounts to an offer by the issuer to purchase certain documents. If those documents are not tendered, the offer is not accepted, and the issuer is not bound. The efficacy of the letter of credit as a convenient and useful instrument of commerce would be severely damaged were the courts to hold the issuer to any duty beyond the ministerial one of laying the instruments next to one another and determining whether they precisely coincide.”
1 later decision quote this exact passage · from the majority“An issuer of an irrevocable letter of credit owes a contractual obligation to the beneficiary of the letter ... which is independent of, and unrelated to, the underlying contract between the beneficiary... and its purchaser... . Once the beneficiary presents the requisite documents to the issuing bank, the bank must honor the letter of credit regardless of any dispute between the bank's customer and the beneficiary. (emphasis added) (citations omitted).”
1 later decision quote this exact passage · from the majority“[I]n the event [the Buyer] defaults with respect to its obligations under this Contract, the * * * Letter of Credit held by the Seller on this contract may be taken and kept by the Seller as full liquidated damages.”
1 later decision quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.