Legal Opinion
Banque De Depots v. National Bank of Detroit
Court of Appeals for the Sixth Circuit
Decided February 14, 1974No. 73-1327PublishedCited by 49 opinions
1Opinion of the Court
JOHN W. PECK, Circuit Judge.
The events which led up to this controversy began in the Spring of 1971. Wilford 0. Dunkel, a wealthy Michigan resident and share-holder of Champion Home Builders Company, (hereinafter “Champion”) found himself in need of large amounts of cash. He determined to use his Champion stock, which at that time consisted of more than 296,000 shares worth in excess of $7,000,000, as collateral for the anticipated loan. For various reasons he preferred not to obtain the loan from an American source and decided to negotiate with foreign lenders. Through an acquaintance he was…
2Cases cited12 opinions
- Foman v. DavisSupreme Court of the United States · 1962
- Aldrich v. ScribnerMichigan Supreme Court · 1908
- Earl E. Komie v. Buehler Corporation, an Indiana Corporation, Buehler Corporation and James BechtelCourt of Appeals for the Ninth Circuit · 1971
- Joseph R. Armstrong, Sr. v. The Frostie Company, a New Jersey CorporationCourt of Appeals for the Fourth Circuit · 1971
- Willard Dairy Corporation v. National Dairy Products Corporation and Sealtest, Inc.Court of Appeals for the Sixth Circuit · 1962
7 more not listed; retrieve them via the Exa API.
3Cited by49 opinions
- Robert Lilley, Cross-Appellee v. Btm Corporation, Cross-AppellantCourt of Appeals for the Sixth Circuit · 1992
- Grover v. Eli Lilly & Co.Court of Appeals for the Sixth Circuit · 1994
- R. Kenny Letherer Patricia Letherer Cynthia Micoff v. Alger Group, L.L.C., Loewen Group International, Inc.Court of Appeals for the Sixth Circuit · 2003
- Grover v. Eli Lilly And CompanyCourt of Appeals for the Sixth Circuit · 1994
- Securities & Exchange Commission v. LorinDistrict Court, S.D. New York · 1994
44 more not listed; retrieve them via the Exa API.