All American Semiconductor, Inc. v. Wells Fargo Bank Minnesota, N.A.

Wells Fargo Bank Minnesota, N.A., appeals from the district court’s 1 order granting All American Semiconductor, Inc.’s motion for summary judgment, contending that the district court incorrectly applied the “strict compliance” standard for attempts to draw on letters of credit under Minnesota law and that the court should instead have granted summary judgment in its favor. We affirm.

We review the district court’s grant of summary judgment de novo. Angelo Iafrate Constr., LLC v. Potashnick Constr., Inc., 370 F.3d 715, 719 (8th Cir.2004). Summary judgment is appropriate if there is no genuine…