Highland Capital, Inc. v. Franklin National Bank
Court of Appeals for the Sixth Circuit
1Opinion of the Court
OPINION
LAWSON, District Judge.
The plaintiff, Highland Capital, Inc. (Highland), appeals from a summary judgment dismissing its complaint against Franklin National Bank (the Bank) that was brought under the anti-tying provisions of the Bank Holding Company Act (BCHA), 12 U.S.C. § 1972. Highland asserted that the Bank required Highland to purchase stock in the Bank’s holding company as a prerequisite for obtaining a loan. The lower court found that there was insufficient evidence of the connection required by Section 1972 between the loan and the stock purchase. We find that a claim under…
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