Legal Opinion
American Timber & Trading Co. v. First National Bank
Court of Appeals for the Ninth Circuit
Decided October 22, 1982No. Nos. 80-3230, 81-3214 and 81-3236PublishedCited by 30 opinions
1Opinion of the Court
BOOCHEVER, Circuit Judge:
These consolidated appeals, two direct appeals and a cross appeal, arise out of a class action under §§ 85 and 86 of the National Bank Act (Bank Act), for double recovery of usurious interest. Following determinations that two practices of First National Bank of Oregon (First National) resulted in usury, judgment was awarded to subclass III and several members of subclass IV. The district court declined to add prejudgment interest to the statutory double recoveries. It further ruled that the requirement of First National that certain borrowers maintain compensating…
2Cases cited42 opinions
- Blackie v. BarrackCourt of Appeals for the Ninth Circuit · 1975
- Farmers' & Mechanics' National Bank v. DearingSupreme Court of the United States · 1875
- Rodgers v. United StatesSupreme Court of the United States · 1947
- First National Bank in Plant City v. DickinsonSupreme Court of the United States · 1969
- First Nat. Bank of Logan v. Walker Bank & Trust Co.Supreme Court of the United States · 1966
37 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Greenwood Trust Company v. Commonwealth of MassachusettsCourt of Appeals for the First Circuit · 1992
- Makino, U.S.A., Inc. v. Metlife Capital Credit Corp.Massachusetts Appeals Court · 1988
- Leonard v. BaumerDistrict Court, C.D. California · 1988
- American Timber & Trading Co. v. First National Bank Of OregonCourt of Appeals for the First Circuit · 1982
- Earth Island Institute v. UsfsCourt of Appeals for the Ninth Circuit · 2023
25 more not listed; retrieve them via the Exa API.