Legal Opinion
United States v. Jensen
Supreme Court of Iowa
Decided January 20, 1988No. 86-1465PublishedCited by 8 opinions
1Opinion of the Court
LARSON, Justice.
Elizabeth L. Jensen signed a guaranty agreement in connection with a Small Business Administration (SBA) guaranteed loan from the Northwood State Bank of North-wood, Iowa, to Town and Country Motors, a corporation in which Jensen had an interest. The bank took a security interest from Town and Country Motors which covered its accounts receivable, inventory, fixtures, and other business assets. Town and Country defaulted on the loan, and the bank began collection proceedings, eventually selling the collateral covered by its security agreement. Jensen was not notified of the…
2Cases cited25 opinions
- United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
- DeLay First National Bank & Trust Co. v. Jacobson Appliance Co.Nebraska Supreme Court · 1976
- Chase Manhattan Bank, N. A. v. NatarelliNew York Supreme Court · 1977
- Commercial Discount Corp. v. BayerAppellate Court of Illinois · 1978
- T & W Ice Cream, Inc. v. Carriage Barn, Inc.New Jersey Superior Court Appellate Division · 1969
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3Cited by8 opinions
- Gambo v. Bank of MarylandCourt of Special Appeals of Maryland · 1994
- Topical Jewelers, Inc. v. Nationsbank, NaDistrict Court of Appeal of Florida · 2000
- Dakota Bank & Trust Co., Fargo v. GrindeNorth Dakota Supreme Court · 1988
- United States v. Barton C. Kelley and Donna Marie Kelley v. Fairlawn Plaza State Bank, Third PartyCourt of Appeals for the Third Circuit · 1989
- Gregory Poole Equipment Co. v. MurrayCourt of Appeals of North Carolina · 1992
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