Legal Opinion

Sturm v. Peoples Trust & Savings Bank

Supreme Court of Iowa

Decided April 14, 2006No. 04-1139PublishedCited by 10 opinions

1Opinion of the Court

LARSON, Justice.

The plaintiffs, Mark and Lori J. Sturm, defaulted on loans they had obtained from Peoples Trust <& Savings Bank (Peoples), and Peoples foreclosed. After the foreclosure, Sturms filed this suit, claiming the loan papers had failed to comply with a federal statute, that Peoples negligently misrepresented the rights and duties under the loan agreements, and that they had suffered damages as a result. The district court sustained Peoples’ motion for summary judgment, and Sturms appealed. We affirm.

I. Facts and Prior Proceedings.

Sturms and Peoples had a long banking relationship,…

2Cases cited15 opinions

  1. Cort v. AshSupreme Court of the United States · 1975
  2. Cannon v. University of ChicagoSupreme Court of the United States · 1979
  3. Alexander v. SandovalSupreme Court of the United States · 2001
  4. Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
  5. DeBoer v. Mellon Mortgage Co.Court of Appeals for the Eighth Circuit · 1995

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3Cited by10 opinions

  1. Henry A. Bagelmann, Jr. And Mary Jo Bagelmann v. First National Bank and Iowa Bankers Mortgage CorporationSupreme Court of Iowa · 2012
  2. McLeodUSA Telecommunications Services, Inc. v. Qwest Corp.District Court, N.D. Iowa · 2007
  3. John T. Jones Construction Co. v. Hoot General ConstructionDistrict Court, S.D. Iowa · 2008
  4. Mitec Partners, LLC v. U.S. Bank National Ass'nCourt of Appeals for the Eighth Circuit · 2010
  5. Stith v. ThorneDistrict Court, E.D. Virginia · 2007

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