Legal Opinion

CRM Collateral II, Inc. v. TriCounty Metropolitan Transportation District

Court of Appeals for the Ninth Circuit

Decided January 20, 2012No. 10-36090PublishedCited by 10 opinions

1Opinion of the Court

OPINION

TALLMAN, Circuit Judge:

Appellant Tri-County Metropolitan Transportation District of Oregon (“TriMet”) provides bus, light rail, and commuter rail service in the Portland metropolitan area. TriMet contracted with Colorado Railcar Manufacturing, LLC (“Colorado Railcar”) for the manufacture of light rail-cars. The contract (“Railcar Contract”) required Colorado Railcar to secure a $3 million standby letter of credit, which Colorado Railcar arranged through CRM Collateral II, Inc. (“Collateral II”), a bankruptcy remote entity. 1 TriMet certified Collateral II’s default and drew on the…

2Cases cited7 opinions

  1. Jones-Hamilton Co., a California Corporation v. Beazer Materials & Services, Inc. Kop-Coat, Inc., a Pennsylvania Corporation Koppers Company, Inc.Court of Appeals for the Ninth Circuit · 1992
  2. Trunk v. City of San DiegoCourt of Appeals for the Ninth Circuit · 2011
  3. In Re James S. Hamada, Debtor. James S. Hamada v. Far East National Bank, a California CorporationCourt of Appeals for the Ninth Circuit · 2002
  4. North Marion School District 15 Ex Rel. Trejo v. Acstar InsuranceOregon Supreme Court · 2007
  5. Marc Nelson Oil Products, Inc. v. Grim Logging Co.Court of Appeals of Oregon · 2005

2 more not listed; retrieve them via the Exa API.

3Cited by10 opinions

  1. Eddie Ford v. City of YakimaCourt of Appeals for the Ninth Circuit · 2013
  2. Rocky Mountain Farmers Union v. Richard W. CoreyCourt of Appeals for the Ninth Circuit · 2013
  3. In re: Robert R. Black and Kelly J. Black Michael Allen ChernineUnited States Bankruptcy Appellate Panel for the Ninth Circuit · 2013
  4. Crow Tribal Housing Authority v. U.S. Department of Housing & Urban DevelopmentCourt of Appeals for the Ninth Circuit · 2015
  5. Rocky Mountain Farmers Union v. Richard W. CoreyCourt of Appeals for the Ninth Circuit · 2013

5 more not listed; retrieve them via the Exa API.

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