Legal Opinion
Murdock-SC Associates v. Beverly Hills Federal Savings & Loan Ass'n
District Court, C.D. California
Decided December 20, 1985No. CV 85-3908 RG(Bx)PublishedCited by 7 opinions
1Opinion of the Court
ORDER
GADBOIS, District Judge.
In April, 1984 the plaintiff, Murdock-SC Associates (“Murdock”), a California partnership, sold an office building for approximately $36,000,000 to Beverly Hills Savings and Loan Association (“Old BHS”), a California-chartered, federally insured savings and loan association. As part of the purchase price for the building Old BHS delivered to Murdock an unsecured, subordinated promissory note (the “promissory note” or the “note”) for the sum of approximately $3,600,000, plus interest. The promissory note provided in part:
The payment of principal of interest on this…
2Cases cited16 opinions
- Renegotiation Board v. Bannercraft Clothing Co.Supreme Court of the United States · 1974
- National Labor Relations Board v. Industrial Union of Marine & Shipbuilding Workers of AmericaSupreme Court of the United States · 1968
- North Mississippi Savings & Loan Association and New North Mississippi Federal Savings & Loan Association v. Joseph M. HudspethCourt of Appeals for the Fifth Circuit · 1985
- Malcolm v. Superior CourtCalifornia Supreme Court · 1981
- First Savings & Loan Ass'n v. First Federal Savings & Loan Ass'nDistrict Court, D. Hawaii · 1981
11 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Lyons Savings & Loan Ass'n v. Westside Bancorporation, Inc.Court of Appeals for the Seventh Circuit · 1987
- Federal Savings & Loan Insurance v. Quality Inns, Inc.District Court, D. Maryland · 1987
- Lyons Savings And Loan Association v. Westside Bancorporation, Inc.Court of Appeals for the Seventh Circuit · 1987
- Federal Savings & Loan Insurance v. Hall Whispertree AssociatesDistrict Court, N.D. Texas · 1986
- Keller v. ANTIOCH SAVINGS & LOAN ASS'NAppellate Court of Illinois · 1986
2 more not listed; retrieve them via the Exa API.