Legal Opinion

Aberdeen Production Credit Ass'n v. Jarrett Ranches, Inc.

District Court, D. South Dakota

Decided May 14, 1986No. Civ. 85-1066PublishedCited by 8 opinions

1Opinion of the Court

MEMORANDUM OPINION

DONALD J. PORTER, Chief Judge.

Plaintiff, Aberdeen Production Credit Association (PCA), commenced the present action in the Circuit Court of Marshall County, South Dakota, seeking the foreclosure of security interests in certain personal and real property owned by the defendants. Defendants have counterclaimed against PCA for 1) misrepresentation and negligence in financial advice; 2) for breach of an implied contract to renew defendants’ loan; 3) for breach of its loan contract; 4) for the violation of various regulations and guidelines of the Farm Credit Act of 1971, 12…

2Cases cited17 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. Cort v. AshSupreme Court of the United States · 1975
  3. Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
  4. Andrus v. Shell Oil Co.Supreme Court of the United States · 1980
  5. Margaret E. KOKE and Anna C. Koke, Appellants, v. STIFEL, NICOLAUS & CO., INC., and Kingsley O. Wright, Sr., AppelleesCourt of Appeals for the Eighth Circuit · 1980

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3Cited by8 opinions

  1. Hillesland v. Federal Land Bank Ass'n of Grand ForksNorth Dakota Supreme Court · 1987
  2. Donald E. Redd and Mary A. Redd v. Federal Land Bank of St. Louis, Federal Land Bank Association of Northeast Missouri and Doug Browne, TrusteeCourt of Appeals for the Eighth Circuit · 1988
  3. Federal Land Bank of Saint Paul v. HalversonNorth Dakota Supreme Court · 1986
  4. Mendel v. Production Credit Ass'n of the MidlandsDistrict Court, D. South Dakota · 1987
  5. Farm Credit Bank of St. Louis v. DorrAppellate Court of Illinois · 1993

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