Legal Opinion
United States v. York
District Court, District of Columbia
Decided July 18, 1995No. Civ. 93-839 (CRR)PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION
CHARLES R. RICHEY, District Judge.
TABLE OF CONTENTS
INTRODUCTION.1120
PROCEDURAL BACKGROUND.1121
FACTS .1122
A. The Parties.1122
B. The Quail Run Transaction.1122
1) York Associates’ Agency Relationship with Ginnie Mae.1122
2) The York-USGI Agreement.1123
3) The Quail Run Security Purchase and Redemption.1123
C. The Forest Isle Transaction.1124
DISCUSSION.1125
I. THE COURT FINDS THAT YORK ASSOCIATES VIOLATED ITS FIDUCIARY DUTY OWED TO GINNIE MAE WHEN IT PURCHASED QUAIL RUN, A SECURITY YORK ASSOCIATES SERVICED FOR THE GOVERNMENT .1125
A. In Purchasing the Quail Run Security, York…
2Cases cited41 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- Bowen v. MassachusettsSupreme Court of the United States · 1988
36 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- United States v. EspyDistrict Court, District of Columbia · 1997
- Riggs Investment Management Corp. v. Columbia Partners, L.L.C.District Court, District of Columbia · 1997
- United States of America and Government National Mortgage Association v. John C. YorkCourt of Appeals for the D.C. Circuit · 1997