Legal Opinion
Mallis v. Federal Deposit Ins. Corp.
District Court, S.D. New York
Decided October 2, 1975No. 75 Civ. 909(MP)PublishedCited by 11 opinions
1Opinion of the Court
MEMORANDUM
POLLACK, District Judge.
Federal Deposit Insurance Corporation (FDIC hereafter) and European American Bank (EA) are successors in interest to an insolvent, Franklin National Bank (FNB).
Plaintiffs, two dentists, borrowed $156,000 from FNB on March 3, 1972, and now claim that the loan (reduced substantially by repayments on account) violated Regulation U (Federal Reserve Regulations, 12 C.F.R. Section 221.1 et seq.) prohibiting loans secured by margin stock in an amount in excess of the prescribed maximum loan value of the stock. Plaintiffs contend in their first claim for relief that…
2Cases cited14 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
- Birnbaum v. Newport Steel Corp.Court of Appeals for the Second Circuit · 1952
- International Controls Corp. v. VescoCourt of Appeals for the Second Circuit · 1974
- Fed. Sec. L. Rep. P 94,737 Juanita McClure v. The First National Bank of Lubbock, Texas, Defendants-Appellees,gaines County DevelopmentsCourt of Appeals for the First Circuit · 1974
9 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Bankers Trust Co. v. MallisSupreme Court of the United States · 1978
- Fed. Sec. L. Rep. P 99,479 Samuel Mallis and Franklyn B. Kupferman, Cross-Appellants v. Bankers Trust Company, Cross-AppelleeCourt of Appeals for the Second Circuit · 1983
- Mallis v. Bankers Trust Co.Court of Appeals for the Second Circuit · 1980
- Von Bulow by Auersperg v. Von BulowDistrict Court, S.D. New York · 1986
- Fed. Sec. L. Rep. P 95,823 Samuel Mallis and Franklyn Kupferman v. Federal Deposit Insurance CorporationCourt of Appeals for the Second Circuit · 1978
6 more not listed; retrieve them via the Exa API.