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GRANITE RE v. NATIONAL CREDIT UNION ADMIN. BOARD

No. 18-2674.

956 F.3d 1041 (2020)

GRANITE RE, INC., an Oklahoma Corporation Plaintiff-Appellant v. NATIONAL CREDIT UNION ADMINISTRATION BOARD, as Conservator of Citizens Community Credit Union, Citizens Community Credit Union Defendant-Appellee.

United States Court of Appeals, Eighth Circuit.

Filed: April 24, 2020.

Attorney(s) appearing for the Case

Counsel who presented argument on behalf of the appellant and appeared on the brief was Joseph Arthur Nilan , of Minneapolis, MN. The following attorney(s) appeared on the appellant brief; Jacob Thomas Merkel , of Minneapolis, MN.

Counsel who presented argument on behalf of the appellee and appeared on the brief was Danielle A.R. Coffman , of Kalispell, MT. he following attorney(s) appeared on the appellee brief; Jeffrey Russel Kuchel , of Missoula, MT.

Before LOKEN, GRASZ, and STRAS, Circuit Judges.

After Citizens Community Credit Union ("Citizens") issued Granite Re, Inc. ("Granite") a letter of credit, the National Credit Union Administration Board ("NCUAB") appointed itself conservator of Citizens and repudiated the letter of credit. Granite filed a complaint for damages against the NCUAB claiming wrongful repudiation...

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