Cohen v. United American Bank

DYER, Senior Circuit Judge:

This appeal arises from a partial summary judgment finding that the Appellee did not violate the Bank Holding Company Act Amendments of 1970, 12 U.S.C. §§ 1972 et seq. (1988), by conditioning a loan on payment of a third party’s loan. Because there are no genuine issues of material fact and the Appellants failed to meet their burden on summary judgment, we affirm.

I. BACKGROUND

Based on the record before the district court, we summarize the following facts. Appellants Murray Cohen, Jane Cohen, Harold Gene Artrip (collectively “the individual appellants”), and K.C.B.…