Legal Opinion
Adams v. Resolution Trust Corp.
Court of Appeals for the Eighth Circuit
Decided February 28, 1991No. Nos. 90-5123, 90-5124PublishedCited by 14 opinions
1Opinion of the Court
BRIGHT, Senior Circuit Judge.
Stephen Adams (Adams) appeals the district court’s1 grant of summary judgment2 *350to the Resolution Trust Corporation (RTC) in this action for rescission of a subordinated debt securities agreement which Adams executed in conjunction with his purchase of $2.5 million in subordinated debt securities from now insolvent Midwest Federal Savings and Loan Association (MWF). On appeal, Adams contends that MWF’s insolvency does not affect his right to rescind the agreement by which MWF fraudulently induced him to purchase the securities. According to Adams, a post-insolvency…
2Cases cited13 opinions
- Mills v. GreenSupreme Court of the United States · 1895
- Iron Arrow Honor Society v. HecklerSupreme Court of the United States · 1983
- In Re Aov Industries, Inc., Hubert R. Bruce, Appeal of Hawley Fuel Coalmart, Inc. And Hawley Fuel Coal, Inc.Court of Appeals for the D.C. Circuit · 1986
- Soo Line Railroad Company v. Escanaba & Lake Superior Railroad CompanyCourt of Appeals for the Seventh Circuit · 1988
- Federal Deposit Insurance Corporation v. Manuel De Jesus Velez, Luis Dominguez v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1982
8 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Popp Telcom, Formerly Known as Ldb International Corporation, Inc., Humbird Securities, Company Northern Securities, Company, Washington Sharecom, Inc. v. American Sharecom, Inc. Steven C. Simon James J. Weinert William J. King, Popp Telcom, Formerly Known as Ldb International Corporation, Inc., Humbird Securities, Company Northern Securities, Company, Washington Sharecom, Inc. v. American Sharecom, Inc. Steven C. Simon James J. Weinert William J. KingCourt of Appeals for the Eighth Circuit · 2000
- National Iranian Oil Company v. Mapco International, IncCourt of Appeals for the Third Circuit · 1992
- Federal Deposit Insurance v. KooyomjianCourt of Appeals for the First Circuit · 2000
- Resolution Trust Corp. v. GreenwoodDistrict Court, D. Minnesota · 1992
- Kansas Public Employees Retirement System v. Reimer & Koger Associates, Inc.Court of Appeals for the Eighth Circuit · 1993
9 more not listed; retrieve them via the Exa API.