Legal Opinion

CRM Collateral v. Tri-County Metropolitan Transportation District

District Court, D. Oregon

Decided May 26, 2010No. CV 08-1266-PK(LEAD), CV 09-1135-PKPublished

1Opinion of the Court

OPINION AND ORDER

PAUL PAPAK, United States Magistrate Judge.

Plaintiff CRM Collateral II, Inc. (“CRM”), and Richard Altorfer filed the lead case in this consolidated action against Tri-County Metropolitan Transportation District of Oregon (“TriMet”) and KeyBank National Association (“Key-Bank”) on October 27, 2008. The parties’ dispute arose out of Tri-Met’s efforts to draw on a letter of credit as to which it was the beneficiary, KeyBank was the issuer, and CRM was the applicant. On November 4, 2008, Altorfer was voluntarily dismissed as a plaintiff. On November 10, 2008, TriMet filed a…

2Cases cited35 opinions

Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
Reeves v. Sanderson Plumbing Products, Inc.Supreme Court of the United States · 2000
Preiser v. NewkirkSupreme Court of the United States · 1975
William Earl Warren III v. City of Carlsbad Brian Watson James Thompson Frank Mannen Raymond Patchett Stewart Gary Ann JansenCourt of Appeals for the Ninth Circuit · 1995

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