Legal Opinion
Standing Rock Housing Authority v. Tri-County State Bank, Inc.
District Court, D. South Dakota
Decided September 15, 1988No. Civ. No. 87-3024Published
1Opinion of the Court
MEMORANDUM OPINION
DONALD J. PORTER, Chief Judge.
Plaintiff Standing Rock Housing Authority (“Standing Rock”) brought this action to seek recovery on a $188,000 irrevocable standby letter of credit issued by Defendant Tri-County State Bank (“Tri-County”). The complaint is based on diversity jurisdiction. Standing Rock has moved for summary judgment, and Tri-County has filed a motion to dismiss.
I. FACTS
On August 7, 1985, Standing Rock and the Lower Brule Construction Company (“Lower Brule”) entered a construction contract for the renovation of a housing project in Fort Yates, North Dakota on the…
2Cases cited18 opinions
- Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
- Colorado River Water Conservation District v. United StatesSupreme Court of the United States · 1976
- Pennzoil Co. v. Texaco Inc.Supreme Court of the United States · 1987
- Kerotest Manufacturing Co. v. C-O-Two Fire Equipment Co.Supreme Court of the United States · 1952
- Jicarilla Apache Tribe v. United StatesSupreme Court of the United States · 1979
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