Legal Opinion
U. S. Manganese Corporation, Preston W. Grace, Preston W. Grace, Jr., and Charles B. Grace v. Merrill Lynch, Pierce, Fenner & Smith, Inc.
Court of Appeals for the Eighth Circuit
Decided May 24, 1978No. 77-1805PublishedCited by 11 opinions
1Opinion of the Court
VOGEL, Senior Circuit Judge.
Appellants brought this diversity action against appellee Merrill Lynch, Pierce, Fenner & Smith (hereinafter Merrill Lynch), seeking relief on the ground that certain margin account 1 agreements entered into by the parties were usurious.
Merrill Lynch is a broker and dealer in securities, with its principal place of business in New York. On November 8, 1957, appellant Preston W. Grace, Sr., opened a margin account, No. 563-79326, with Merrill Lynch at the latter’s branch office in Little Rock, Arkansas. A second margin account, No. 563-07493, was signed by Grace for…
2Cases cited9 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Morris J. Starsky v. Jack R. WilliamsCourt of Appeals for the Ninth Circuit · 1975
- Cooper v. Cherokee Village Development Co.Supreme Court of Arkansas · 1963
- National Surety Corporation v. Inland Properties, Inc.District Court, E.D. Arkansas · 1968
- National Surety Corporation v. Inland Properties, Inc., Transamerican Marketing Corp. And United Security Life Insurance CompanyCourt of Appeals for the Eighth Circuit · 1969
4 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Zenaida Garc A-Ayala v. Lederle Parenterals, Inc.Court of Appeals for the First Circuit · 2000
- Aetna Life Insurance Company v. Great National CorporationCourt of Appeals for the Eighth Circuit · 1987
- Leigh v. OlsonDistrict Court, D. North Dakota · 1980
- Shull v. Dain, Kalman & Quail, Inc.Nebraska Supreme Court · 1978
- Wilkins v. M & H FINANCIAL, INC.District Court, E.D. Arkansas · 1979
6 more not listed; retrieve them via the Exa API.