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Description Date Docket #

CASSELLO v. ALLEGIANT BANK

United States Eighth Circuit
Banking Law, Injury & Tort Law
The UCC will not preempt a common law cause of action against a depository bank for negligently handling the drawer's check; UCC transfer warranties...
05/01/2002 01-2197

R/S ASSOC. v. NEW YORK JOB DEV. AUTH.

Court of Appeals of New York
Banking Law, Contracts
The term "effective cost of funds" is not ambiguous as used in a loan agreement between the parties; the contract will be interpreted by its own...
04/30/2002 2 No. 54

FRAZER v. US

United States Federal Circuit
Banking Law, Civil Procedure
Because plaintiffs did not file their Winstar-related action within the six-year statute of limitations codified at 28 U.S.C. section 2501, and there...
04/30/2002 01-5118

BRANNAM v. HUNTINGTON MORTGAGE CO.

United States Sixth Circuit
Banking Law, Class Actions, Consumer Protection Law, Property Law & Real Estate
Document processing fee assessed by defendant mortgage company was deemed "bona fide" under exception to Truth In Lending Act disclosure requirement,...
04/29/2002 00-2225

VOEST-ALPINE TRADING USA CORP. v. BANK OF CHINA

United States Fifth Circuit
Banking Law, Civil Procedure, Contracts
In a diversity suit regarding the validity of a letter of credit, defendant's notice of refusal was improper where rejection was ambiguous and not...
04/23/2002 01-20363

SZETELA v. DISCOVER BANK

California Court of Appeal
Banking Law, Class Actions, Contracts, Consumer Protection Law, Dispute Resolution & Arbitration
The arbitration agreement in a credit cardholder agreement is unconscionable and unenforceable, to the extent it prohibits class treatment of small...
04/22/2002 G029323

GREEN v. FUND ASSET MGMT., L.P.

United States Third Circuit
Banking Law, Injury & Tort Law, Securities Law
Potential conflicts of interest in mutual fund fee arrangements are not per se violations of investment advisors' fiduciary duties under section 36(b)...
04/18/2002 01-2736

MARQUES v. FED. RESERVE BANK OF CHICAGO

United States Seventh Circuit
Banking Law, Civil Procedure
Because a judgment on the merits entered after plaintiff has filed a proper Rule 41(a)(1) notice of dismissal is void, the Circuit Court was compelled...
04/16/2002 01-2522

PFENNIG v. HOUSEHOLD CREDIT SERVICES, INC.

United States Sixth Circuit
Banking Law, Class Actions, Consumer Protection Law
District court erred in failing to construe federal Truth in Lending Act (TILA) liberally in plaintiff's favor in its dismissal of class action...
04/11/2002 00-4213

THE LIMITED, INC. v. COMMISIONER OF INTERNAL REVENUE

United States Sixth Circuit
Banking Law, Corporation & Enterprise Law, Tax Law
Tax Court erred in its conclusion that taxpayer-controlled foreign corporations' purchase of certificates of deposit from taxpayer's subsidiary credit...
04/11/2002 00-2245

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