Legal Opinion
Williams v. First Federal Savings & Loan Ass'n of Arlington
Court of Appeals for the Fourth Circuit
Decided May 26, 1981No. Nos. 80-1446, 80-1005PublishedCited by 43 opinions
1Opinion of the Court
•MURNAGHAN, Circuit Judge:
The case touches many Americans, for it involves the common experience of purchasing a home. Customarily one contemplates a borrowing secured by a lien on the residential parcel to meet a substantial portion of the purchase price. Few are able first, before buying a house, to accrue all the necessary funds.
It is from that common experience that the present case evolves. The facts are influenced by another common experience of less ancient lineage, namely, persistent, consistently high, rates of inflation, accompanied by increased interest rates.
The plaintiffs in the…
2Cases cited57 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Commissioner v. Estate of BoschSupreme Court of the United States · 1967
- West v. American Telephone & Telegraph Co.Supreme Court of the United States · 1940
- Fidelity Union Trust Co. v. FieldSupreme Court of the United States · 1941
- Bruce's Juices, Inc. v. American Can Co.Supreme Court of the United States · 1947
52 more not listed; retrieve them via the Exa API.
3Cited by43 opinions
- Christopher Phelps & Associates, LLC v. GallowayCourt of Appeals for the Fourth Circuit · 2007
- Sonny Arnold, Inc. v. Sentry Savings Ass'nTexas Supreme Court · 1982
- Metropolitan Life Insurance v. StrnadSupreme Court of Kansas · 1994
- Trent Realty Associates v. First Federal Savings And Loan Association Of PhiladelphiaCourt of Appeals for the First Circuit · 1981
- Olean v. TregliaSupreme Court of Connecticut · 1983
38 more not listed; retrieve them via the Exa API.