Legal Opinion

Investment Service Co., an Oregon Corporation v. Allied Equities Corporation, a Nevada Corporation

Court of Appeals for the Ninth Circuit

Decided July 18, 1975No. 73-3533PublishedCited by 43 opinions

1Opinion of the Court

OPINION

DAVID W. WILLIAMS, District Judge:

This is a diversity action to recover $250,000 and interest from the guarantor of a loan. The loan was taken out by Gem Building Components, Ltd., and following Gem’s default on the note, the appellee, assignee of the note, filed suit against the appellant, guarantor. The note was dated November 30, 1970 and carried interest at 8% until April 3rd, 1972 and 10% thereafter “until paid.” 1 Appellant pled an affirmative defense to the claim, alleging that the guarantee was void by reason of appellee’s failure to advise appellant of facts known by appellee…

2Cases cited8 opinions

  1. Palmer v. HoffmanSupreme Court of the United States · 1943
  2. United States v. BayerSupreme Court of the United States · 1947
  3. Billy Ray Delancey v. Motichek Towing Service, Inc.Court of Appeals for the Fifth Circuit · 1970
  4. Richard Gray v. Shell Oil Company, Shell Oil Company, Cross-Appellant v. Richard Gray, Cross-AppelleesCourt of Appeals for the Ninth Circuit · 1972
  5. Raymond L. Sears v. Southern Pacific Company, a CorporationCourt of Appeals for the Ninth Circuit · 1963

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

3Cited by43 opinions

  1. Hardin v. Manitowoc-Forsythe Corp.Court of Appeals for the Tenth Circuit · 1982
  2. Hunter v. County of SacramentoCourt of Appeals for the Ninth Circuit · 2011
  3. Norwood v. VanceCourt of Appeals for the Ninth Circuit · 2009
  4. Don Brown, Josef H. Miller and Allen L. McAlear v. Avemco Investment CorporationCourt of Appeals for the Ninth Circuit · 1979
  5. Lecia Shorter v. Leroy BacaCourt of Appeals for the Ninth Circuit · 2018

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

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