Legal Opinion
Walker v. First Pennsylvania Bank, N.A.
District Court, E.D. Pennsylvania
Decided July 20, 1981No. Civ. A. 80-2237PublishedCited by 2 opinions
1Opinion of the Court
OPINION
LUONGO, District Judge.
Plaintiffs in this diversity action are the principals in a limited partnership, YpsiAnn Associates, formed to develop a shopping center in Michigan. They received a construction loan commitment from defendant First Pennsylvania Bank, for which they paid First Pennsylvania a loan commitment fee. The venture failed when Ypsi-Ann was unable to secure permanent financing for the project. Ypsi-Ann asked First Pennsylvania to refund the loan commitment fee, but it refused to do so. Ypsi Ann then commenced this action contending that it is entitled to a refund of all…
2Cases cited8 opinions
- Associated Hardware Supply Co. v. The Big Wheel Distributing CompanyCourt of Appeals for the Third Circuit · 1966
- In the Matter of the Plywood Company of Pennsylvania, the Plywood Company of Pennsylvania, DebtorCourt of Appeals for the Third Circuit · 1970
- Haskins v. Point Towing Co.Court of Appeals for the Third Circuit · 1970
- Regional Enterprises, Inc., a Washington Corporation v. Teachers Insurance and Annuity Association of America, a Foreign CorporationCourt of Appeals for the Ninth Circuit · 1965
- First National State Bank of New Jersey v. Commonwealth Federal Savings & Loan Ass'n of NorristownCourt of Appeals for the Third Circuit · 1979
3 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- B.F. Saul Real Estate Investment Trust v. McGovern, Texas Court of Appeals, 8th District (El Paso)1984
- Lincoln National Life Insurance v. NCR Corp.District Court, N.D. Indiana · 1984