Cooper v. Union Bank
District Court, C.D. California
1Opinion of the Court
MEMORANDUM OPINION
FERGUSON, District Judge.
This is an action alleging a violation by the defendant Union Bank (hereinafter “Bank”) of Regulation U, 12 C.F.R. § 221, promulgated by the Board of Governors of the Federal Reserve System pursuant to section 7 of the Securities Exchange Act of 1934, 15 U.S.C. § 78g.
Plaintiffs seek to void and cancel a promissory note dated July 16, 1969, executed in favor of defendant Bank, and two deeds of trust securing the note, and claim general damages of $250,000. Plaintiffs contend that the promissory note and its predecessors were obtained through loans…
2Cases cited12 opinions
- J. I. Case Co. v. BorakSupreme Court of the United States · 1964
- Royal Air Properties, Inc., a Corporation, Harold L. Heathman and Madge I. Heathman v. R. Philip SmithCourt of Appeals for the Ninth Circuit · 1962
- The Greater Iowa Corporation v. Frank McLendonCourt of Appeals for the Eighth Circuit · 1967
- Fed. Sec. L. Rep. P 92,710 Stanley S. Pearlstein v. Scudder & German, a PartnershipCourt of Appeals for the Second Circuit · 1970
- Remar v. Clayton Securities CorporationDistrict Court, D. Massachusetts · 1949
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- Robert B. GROVE, Appellee, v. the FIRST NATIONAL BANK OF HERMINIE, AppellantCourt of Appeals for the First Circuit · 1974
- Stonehill v. Security National BankDistrict Court, S.D. New York · 1975
- Peoples National Bank of NJ v. FowlerSupreme Court of New Jersey · 1977
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