Legal Opinion
Provident National Bank v. Frankford Trust Co.
District Court, E.D. Pennsylvania
Decided April 16, 1979No. Civ. A. 78-4286PublishedCited by 24 opinions
1Opinion of the Court
OPINION
LUONGO, District Judge.
This controversy centers around a loan participation agreement between the Provident National Bank (Provident) and the Frankford Trust Company (Frankford). The complaint enumerates five grounds for relief: (1) violations of the federal securities laws, specifically, sections 12 and 17(a) of the Securities Act of 1933 (15 U.S.C. §§ 771, 77q(a) (1976)), sections 10(b) and 29(b) of the Securities Exchange Act of 1934 (15 U.S.C. §§ 78j(b), 78cc(b) (1976)), and Rule 10b-5 (17 C.F.R. § 240.10b-5 (1978)); (2) violations of the Pennsylvania Securities Act of 1972 (70…
2Cases cited14 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- International Brotherhood of Teamsters v. DanielSupreme Court of the United States · 1979
9 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- J. Donald GOODWIN, Appellant, v. ELKINS & CO., Robert G. Hayden, Richard Sichenzio, and Gabriel F. Nagy, AppelleesCourt of Appeals for the Third Circuit · 1984
- Union Planters National Bank of Memphis v. Commercial Credit Business Loans, Inc.Court of Appeals for the Sixth Circuit · 1981
- Engl Ex Rel. Plymouth Plaza Associates v. BergDistrict Court, E.D. Pennsylvania · 1981
- Kansas State Bank v. Citizens BankCourt of Appeals for the Eighth Circuit · 1984
- Young v. WEST COAST INDUST. RELATIONS ASS'N, INC.District Court, D. Delaware · 1991
19 more not listed; retrieve them via the Exa API.