Legal Opinion
Mellon Bank, N.A. v. Aetna Business Credit, Inc.
Court of Appeals for the Third Circuit
Decided March 31, 1980No. 79-1092PublishedCited by 484 opinions
1Opinion of the Court
OPINION OF THE COURT
CAHN, District Judge.
This diversity case, tried under Pennsylvania law, 1 involves a contractual dispute between Mellon Bank, N.A., of Pittsburgh, Pennsylvania (Mellon), and Aetna Business Credit, Inc., of East Hartford, Connecticut (Aetna). Both parties are commercial lending institutions. In the context of this case, Mellon is the construction lender and Aetna is the permanent or “take out” lender. 2 Mellon sued Aetna averring that Aetna breached a written contract by refusing to purchase the construction loan held by Mellon. In a nonjury proceeding the district court…
2Cases cited32 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Gianni v. Russell Co., Inc.Supreme Court of Pennsylvania · 1924
- East Crossroads Center, Inc. v. Mellon-Stuart Co.Supreme Court of Pennsylvania · 1965
- Brokers Title Company, Inc., and the Title Guarantee Company v. St. Paul Fire & Marine Insurance Company, and the Title Guarantee CompanyCourt of Appeals for the Third Circuit · 1979
- Speier v. MichelsonSupreme Court of Pennsylvania · 1931
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3Cited by484 opinions
- Kimberlee Williams v. BASF Catalysts LLCCourt of Appeals for the Third Circuit · 2014
- John Wyeth & Brother Limited v. Cigna International CorporationCourt of Appeals for the Third Circuit · 1997
- Bohler-Uddeholm America, Inc., a Delaware Corporation Bohler-Uddeholm Corporation, a New York Corporation v. Ellwood Group, Inc., a Pennsylvania Corporation Ellwood Quality Steels Company, a Pennsylvania Business Trust Ellwood Specialty Steel Company, a Pennsylvania Corporation David E. Barensfeld, an Individual v. Bohler-Uddeholm Coporation, a New York Corporation Uddeholm Limited, a Canadian Corporation Ellwood Group, Inc. Ellwood Quality Steels Co. Ellwood Specialty Steel Co. David Barensfeld Bjorn E. GabrielssonCourt of Appeals for the Third Circuit · 2001
- Eve Atkinson v. Lafayette College Arthur J. Rothkopf, Esquire, Individually and as President of Lafayette CollegeCourt of Appeals for the Third Circuit · 2006
- Clement v. Consolidated Rail Corp.Court of Appeals for the Third Circuit · 1992
479 more not listed; retrieve them via the Exa API.