Legal Opinion
Global Network Technologies, Inc. v. Regional Airport Authority of Louisville and Jefferson County
Court of Appeals for the Eighth Circuit
Decided September 4, 1997No. 96-4071PublishedCited by 40 opinions
1Opinion of the Court
LOKEN, Circuit Judge.
The Regional Airport Authority for Louisville, Kentucky (“RAA”), issued an Invitation to Bid on a fiber optics network project at Standiford Field. Global Network Technologies, Inc. (“Global”), submitted a bid accompanied by a bid guaranty, consisting of an irrevocable standby letter of credit in the amount of $85,000 issued by Commerce Bank of Kansas City and payable to RAA as beneficiary. When Global was awarded the contract but could not obtain the requisite bonding, RAA drew on the letter of credit, and Commerce Bank honored the draw. Global reimbursed the Bank, as it…
2Cases cited7 opinions
- William F. Hagerman v. Yukon Energy Corporation, and David C. TjosvoldCourt of Appeals for the Eighth Circuit · 1988
- Royal Banks of Missouri v. FridkinSupreme Court of Missouri · 1991
- Concordia College Corp. v. W.R. Grace & Co.Court of Appeals for the Eighth Circuit · 1993
- Holmberg v. MorrisetteCourt of Appeals for the Eighth Circuit · 1986
- Anchor Centre Partners, Ltd. v. Mercantile Bank, N.A.Supreme Court of Missouri · 1991
2 more not listed; retrieve them via the Exa API.
3Cited by40 opinions
- Briehl v. General Motors CorporationCourt of Appeals for the Eighth Circuit · 1999
- David Peters, on Behalf of Himself and All Others Similarly Situated v. General Service Bureau, Inc.Court of Appeals for the Eighth Circuit · 2002
- In Re: John Samuel Marlar, Debtor. Renee S. Williams, Trustee v. John Samuel MarlarCourt of Appeals for the Eighth Circuit · 2001
- Mey v. Pep Boys-Manny, Moe & JackWest Virginia Supreme Court · 2011
- Innovative Home Health Care, Inc. v. P.T.-O.T. Associates of the Black HillsCourt of Appeals for the Eighth Circuit · 1998
35 more not listed; retrieve them via the Exa API.