Legal Opinion

Federal Deposit Insurance v. Forte

Appellate Division of the Supreme Court of the State of New York

Decided June 6, 1983PublishedCited by 35 opinions

1Opinion of the Court

OPINION OF THE COURT

Gibbons, J. P.

The primary issues on these appeals concern the applicability of article 9 of the Uniform Commercial Code to the financial transactions in which the parties herein participated and the propriety of scrutinizing a disposition of collateral under the code standard of commercial reasonableness. Resolution of these issues requires, at the outset, that the different liabilities of the principal defendants be isolated and the nature and scope of the relief sought by the plaintiffs be explored.

I

On September 27, 1973 Franklin National Bank (Bank) loaned $55,000 to…

2Cases cited16 opinions

  1. D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
  2. United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
  3. United States v. Standard Oil Co. Of CaliforniaSupreme Court of the United States · 1947
  4. Equitable Lumber Corp. v. IPA Land Development Corp.New York Court of Appeals · 1976
  5. Bagdy v. Progresso Foods Corp.Appellate Division of the Supreme Court of the State of New York · 1982

11 more not listed; retrieve them via the Exa API.

3Cited by35 opinions

  1. K.D.F. v. RexTexas Supreme Court · 1994
  2. United States v. FreidusDistrict Court, S.D. New York · 1991
  3. Marine Midland Bank v. CMR Industries, Inc.Appellate Division of the Supreme Court of the State of New York · 1990
  4. Sedalia Mercantile Bank & Trust Co. v. Loges Farms, Inc.Missouri Court of Appeals · 1987
  5. Stockschlaeder & McDonald, Esqs. v. Kittay (In Re Stockbridge Funding Corp.)District Court, S.D. New York · 1993

30 more not listed; retrieve them via the Exa API.

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