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Representation of Surety in Letter of Credit Dispute

Stoll Berne represented a surety who had provided a standby letter of credit in connection with the construction of railcars for the TriMet WES commuter rail service in an action to discharge the surety’s obligation as a result of material changes to the underlying production agreement. In the district court, Stoll Berne attorneys Keith Ketterling and Tim DeJong secured summary judgment in favor of the client, and Stoll Berne sought to defend that ruling on appeal in the Ninth Circuit Court of Appeals.