In Re Hennepin County 1986 Recycling Bond Litigation
Supreme Court of Minnesota
1Opinion of the Court
OPINION
STRINGER, Justice.
This class action arose when defendants Hennepin County (County) and Hennepin Energy Resource Co., Limited Partnership (HERO) (collectively, defendants) triggered mandatory redemption of over $124,000,000 in revenue bonds by declining to seek renewal of a Letter of Credit backing the bonds. We granted review to determine whether plaintiff bondholders (hereinafter, bondholders) properly stated claims for breach of express and implied contract provisions in bond agreements between the bondholders and defendants. We conclude that the bondholders’ claims for breach of…
2Cases cited21 opinions
- Venture Associates Corporation, a Tennessee Corporation v. Zenith Data Systems Corporation, a Delaware CorporationCourt of Appeals for the Seventh Circuit · 1993
- Turner v. Alpha Phi Sorority HouseSupreme Court of Minnesota · 1979
- Blattner v. ForsterSupreme Court of Minnesota · 1982
- Republic National Life Insurance Co. v. Lorraine Realty Corp.Supreme Court of Minnesota · 1979
- Donna Teagardener v. Republic-Franklin Incorporated Pension PlanCourt of Appeals for the Sixth Circuit · 1990
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