LTV Federal Credit Union v. UMIC Government Securities, Inc.
District Court, N.D. Texas
1Opinion of the Court
MEMORANDUM OPINION
PATRICK E. HIGGINBOTHAM, District Judge.
These consolidated actions arise out of the breach of a standby commitment agreement (“Standby Commitment”) between LTV Federal Credit Union (“LTV”) and UMIC Government Securities, Inc. (“UMIC”). LTV seeks a declaratory judgment that the Standby Commitment is unenforceable. UMIC and Banco de la Nación Argentina (“Banco”) seek damages of $1,146,250, pre-judgment interest, and their reasonable attorneys’ fees and court costs. This Opinion sets forth this court’s findings of fact and conclusions of law. Fed.R. Civ.P. 52(a).
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On June 26,…
2Cases cited47 opinions
- Johnson v. Georgia Highway Express, Inc.Court of Appeals for the Fifth Circuit · 1974
- John D. Williamson, Plaintiffs-Appellants-Cross v. Gordon G. Tucker, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1981
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Tcherepnin v. KnightSupreme Court of the United States · 1967
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- Board Of Trade Of The City Of Chicago v. Securities And Exchange CommissionCourt of Appeals for the Seventh Circuit · 1989
- Plains Electric Generation & Transmission Cooperative v. New Mexico Public Utility CommissionNew Mexico Supreme Court · 1998
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