Legal Opinion
M. Nahas & Co., Inc. v. First National Bank of Hot Springs
Court of Appeals for the First Circuit
Decided April 10, 1991No. 90-2102PublishedCited by 103 opinions
1Opinion of the Court
LOKEN, Circuit Judge.
Plaintiff M. Nahas & Co., Inc. appeals from a district court 1 order dismissing its complaint that sought to recover from defendant First National Bank of Hot Springs, a national bank, interest paid in excess of the maximum lawful rate under Arkansas law, together with the usury penalty provided in Art. 19, § 13 of the Arkansas Constitution. The district court held that plaintiffs usury claim against a national bank must necessarily be characterized as federal, that defendant had properly removed the case from state court, and that plaintiffs action was barred by the two…
2Cases cited16 opinions
- Caterpillar Inc. v. WilliamsSupreme Court of the United States · 1987
- Metropolitan Life Insurance v. TaylorSupreme Court of the United States · 1987
- Gully v. First Nat. Bank in MeridianSupreme Court of the United States · 1936
- Avco Corp. v. Aero Lodge No. 735, International Ass'n of MacHinists & Aerospace WorkersSupreme Court of the United States · 1968
- Farmers' & Mechanics' National Bank v. DearingSupreme Court of the United States · 1875
11 more not listed; retrieve them via the Exa API.
3Cited by103 opinions
- Gaming Corporation of America Golden Nickel Casinos, Inc. v. Dorsey & Whitney, a Partnership, in Re Dorsey & Whitney, a PartnershipCourt of Appeals for the Eighth Circuit · 1996
- Alvin L. Phipps v. Guaranty Natl. BankCourt of Appeals for the Eighth Circuit · 2005
- Brett Strong Lauri Strong v. Telectronics Pacing Systems, Inc. Thomas S. MartinCourt of Appeals for the Sixth Circuit · 1996
- Kazimierz J. Dudek Margaret Varley Dudek, on Behalf of Themselves and All Others Similarly Situated v. Prudential Securities, Inc.Court of Appeals for the Eighth Circuit · 2002
- Paul T. Krispin, Jr. v. The May Department Stores Company, Scott Matheis, Individually and on Behalf of All Others Similarly Situated v. The May Department Stores Company, Doing Business as Famous-Barr Co., Paul T. Krispin, Jr. v. The May Department Stores CompanyCourt of Appeals for the Eighth Circuit · 2000
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