Legal Opinion
Capos v. Mid-America National Bank of Chicago
Court of Appeals for the Seventh Circuit
Decided August 9, 1978No. 77-1881PublishedCited by 6 opinions
1Opinion of the Court
PELL, Circuit Judge.
Dr. Nicholas J. Capos brought this action against the Mid-America National Bank of Chicago (Mid-America) invoking at trial section 7 of the Securities Exchange Act of 1934, 15 U.S.C. § 78g,1 and Regulation U promulgated thereunder by the Federal Reserve Board, 12 C.F.R. § 221.1 et seq.,2 and a common law theory that a bank holding stock as collateral for a loan has not only a right but a duty to foreclose on the collateral if its value should fall to the vicinity of the amount owed. After considering an extensive factual and documentary stipulation, deposition and live…
2Cases cited15 opinions
- Cort v. AshSupreme Court of the United States · 1975
- Chattanooga Foundry & Pipe Works v. City of AtlantaSupreme Court of the United States · 1906
- Parrent v. Midwest Rug Mills, Inc.Court of Appeals for the Seventh Circuit · 1972
- Fed. Sec. L. Rep. P 95,847 Utah State University of Agriculture and Applied Science v. Bear, Stearns & Co.Court of Appeals for the Tenth Circuit · 1977
- Remar v. Clayton Securities CorporationDistrict Court, D. Massachusetts · 1949
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3Cited by6 opinions
- Russo v. Bache Halsey Stuart Shields, Inc.District Court, N.D. Illinois · 1982
- Fed. Sec. L. Rep. P 99,454 Clarence J. Bassler v. Central National Bank in ChicagoCourt of Appeals for the Seventh Circuit · 1983
- United States v. ShahCourt of Appeals for the Seventh Circuit · 2011
- Capos v. Mid-America National Bank of ChicagoCourt of Appeals for the Seventh Circuit · 1978
- First United Bank & Trust Co. v. PennyCourt of Civil Appeals of Oklahoma · 2010
1 more not listed; retrieve them via the Exa API.