Legal Opinion
Amfac Mortgage Corp. v. Arizona Mall of Tempe, Inc.
Court of Appeals for the Ninth Circuit
Decided October 3, 1978No. 76-1495PublishedCited by 74 opinions
1Opinion of the Court
J. BLAINE ANDERSON, Circuit Judge:
This is yet another attempt to convert the securities laws into something which they are not. The securities laws do not afford general relief when commercial loans turn out to have been unwisely made, nor are they a source of general federal jurisdiction. See Great Western Bank & Trust v. Kotz, 532 F.2d 1252, 1253 (9th Cir. 1976). Arizona Mall of Tempe, Inc. (Arizona Mall) defaulted on a building loan agreement with Amfac Mortgage Corporation (Amfac). Amfac brought suit in Arizona state courts on the secured promissory note which had been given by Arizona…
2Cases cited24 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- 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
- Fed. Sec. L. Rep. P 95,614 the Exchange National Bank of Chicago v. Touche Ross & Co.Court of Appeals for the Second Circuit · 1976
19 more not listed; retrieve them via the Exa API.
3Cited by74 opinions
- Gillespie v. CivilettiCourt of Appeals for the Ninth Circuit · 1980
- Gillespie v. CivilettiCourt of Appeals for the Ninth Circuit · 1980
- Durning v. First Boston Corp.Court of Appeals for the Ninth Circuit · 1987
- Chemical Bank v. Arthur Andersen & Co.Court of Appeals for the Second Circuit · 1984
- Faythe S. Takahashi and Hideo H. Takahashi v. Loomis Armored Car Service, and Liberty Mutual Insurance CompanyCourt of Appeals for the Ninth Circuit · 1980
69 more not listed; retrieve them via the Exa API.