Legal Opinion
Fay Corp. v. Frederick & Nelson Seattle, Inc.
Court of Appeals for the Ninth Circuit
Decided February 28, 1990No. Nos. 88-3985, 88-3988 and 88-4064PublishedCited by 14 opinions
1Per curiam
The parties contest the enforceability of a “gold clause” in a 99-year lease executed in 1929, and the allocation of adjusted rent liability under the clause. Fay Corporation filed a complaint in Washington state court seeking increased rents under the lease and its gold clause. Defendants-Appellants Frederick & Nelson Seattle (F & NS) and BAT Holdings I (BAT I) removed the case to federal court.
The district court efficiently disposed of the convoluted common law and statutory issues in a series of thorough and thoughtful opinions. 646 F.Supp. 946 (W.D.Wash.1986) recon. denied, 651 F.Supp.…
2Cases cited5 opinions
- Wagner v. WagnerWashington Supreme Court · 1980
- Board of Regents of the University v. City of SeattleWashington Supreme Court · 1987
- Fay Corp. v. Bat Holdings I, Inc.District Court, W.D. Washington · 1987
- Fay Corp. v. Bat Holdings I, Inc.District Court, W.D. Washington · 1986
- Fay Corp. v. Bat Holdings I, Inc.District Court, W.D. Washington · 1988
3Cited by14 opinions
- Wells Fargo Bank, N.A. v. Bank of America NT&SACalifornia Court of Appeal · 1995
- 216 Jamaica Avenue, LLC v. S & R Playhouse Realty Co.Court of Appeals for the Sixth Circuit · 2008
- Nebel, Inc. v. Mid-City National BankAppellate Court of Illinois · 2002
- Adams v. Burlington Northern RailroadCourt of Appeals for the Ninth Circuit · 1996
- Trostel v. American Life & Casualty Insurance CompanyCourt of Appeals for the Eighth Circuit · 1996
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