Legal Opinion
Aetna Life Insurance v. Great National Corp.
Court of Appeals for the Eighth Circuit
Decided May 6, 1987No. 86-2162PublishedCited by 4 opinions
1Per curiam
Great National Corporation (now GNC Energy Corporation entered into a loan agreement with Aetna Life Insurance Company and Aetna Casualty and Surety Company (Aetna). Great National defaulted on the loan and Aetna commenced this action to recover the principal, accrued interest and attorney’s fees. Great National interposed a defense that the loan was usurious under Arkansas law. Aetna moved for partial summary judgment as to the usury defense claiming Texas, not Arkansas, law *20applied to the loan. The district court1 granted Aetna’s motion. The case was then tried to the court and resulted in…
2Cases cited9 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Cooper v. Cherokee Village Development Co.Supreme Court of Arkansas · 1963
- National Surety Corporation v. Inland Properties, Inc.District Court, E.D. Arkansas · 1968
- National Surety Corporation v. Inland Properties, Inc., Transamerican Marketing Corp. And United Security Life Insurance CompanyCourt of Appeals for the Eighth Circuit · 1969
4 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Aetna Life Insurance Company v. Great National CorporationCourt of Appeals for the Eighth Circuit · 1987
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