Legal Opinion
Lyons Savings & Loan Ass'n v. Westside Bancorporation, Inc.
Court of Appeals for the Seventh Circuit
Decided June 5, 1987No. 86-1793PublishedCited by 13 opinions
1Opinion of the Court
CUMMINGS, Circuit Judge.
In 1983, Westside Federal Savings & Loan Association made a $35 million loan to Hanalei Development Corp. to finance the construction of condominiums in Hawaii. Westside subsequently sold participation interests in the loan to seven other savings and loan associations while retaining a twenty-percent interest in the loan. Each of the participants advanced their pro rata share of the monies due Hanalei under the loan participation agreement.
Under the terms of the agreement, West-side was designated as the “lead lender” for the loan participants and was authorized to…
2Cases cited21 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- United States v. Mississippi Valley Generating Co.Supreme Court of the United States · 1961
- North Mississippi Savings & Loan Association and New North Mississippi Federal Savings & Loan Association v. Joseph M. HudspethCourt of Appeals for the Fifth Circuit · 1985
- Morrison-Knudsen Co. v. CHG International, Inc.Court of Appeals for the Ninth Circuit · 1987
- Hospital Corporation of America v. Federal Trade CommissionCourt of Appeals for the Seventh Circuit · 1986
16 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Central States, Southeast and Southwest Areas Pension Fund v. Basic American Industries, Inc.Court of Appeals for the Seventh Circuit · 2001
- Henry v. Independent American Savings Ass'nCourt of Appeals for the Fifth Circuit · 1988
- Bean v. Independent American Savings Ass'nCourt of Appeals for the Fifth Circuit · 1988
- W.O. Henry v. Independent American Savings Association Independent American Savings Association, Fsla and Independent American Real Estate, Inc., Defendants- Sunbelt Service Corporation v. Independent American Savings Association and Independent American Savings Association, Fsla, Jeff Bean, Individually and as Managing General Partner for White Rock Texas Joint Venture, a Texas General Partnership v. Independent American Savings AssociationCourt of Appeals for the Fifth Circuit · 1988
- Lyons Savings And Loan Association v. Westside Bancorporation, Inc.Court of Appeals for the Seventh Circuit · 1987
8 more not listed; retrieve them via the Exa API.