Legal Opinion

Charles R. Peterson, in No. 80-2662 v. Crown Financial Corporation, a Corporation, in No. 80-2663

Court of Appeals for the Third Circuit

Decided November 10, 1981No. 80-2662, 80-2663PublishedCited by 65 opinions

1Opinion of the Court

OPINION OF THE COURT

ADAMS, Circuit Judge.

In this diversity case the parties cross-appeal from a final judgment of $441,027.19 in favor of the plaintiff, Charles R. Peterson. This sum represents $363,875.62 in interest charges that Peterson disputed but paid, under protest, to defendant Crown Financial Corporation, together with prejudgment interest of six percent. On appeal, we are asked to resolve two questions of Pennsylvania law. 1 First, is a financial institution that intentionally cancels a promissory note and returns it to the borrower in exchange for a new note, later entitled to…

2Cases cited51 opinions

  1. Sack v. FeinmanSupreme Court of Pennsylvania · 1980
  2. Penneys v. Pennsylvania RailroadSupreme Court of Pennsylvania · 1962
  3. Kenin's Trust Estate (No. 1)Supreme Court of Pennsylvania · 1941
  4. West Republic Mining Co. v. Jones & LaughlinsSupreme Court of Pennsylvania · 1885
  5. Richards v. Citizens Natural Gas Co.Supreme Court of Pennsylvania · 1889

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3Cited by65 opinions

  1. Quaker State Oil Refining Corporation v. Garrity Oil Company, Inc., Quaker State Oil Refining Corporation v. Garrity Oil Company, Inc.Court of Appeals for the First Circuit · 1989
  2. Tito Pollice Violet Pollice, Individually and on Behalf of All Others Similarly Situated Linda Mansfield, in No. 99-3856 v. National Tax Funding, L.P. Capital Asset Research Corporation, Ltd. Tito Pollice Violet Pollice, Individually and on Behalf of All Others Similarly Situated Linda Mansfield v. National Tax Funding, L.P. Capital Asset Research Corporation, Ltd. In No. 99-3857 Tito Pollice Violet Pollice, Individually and on Behalf of All Others Similarly Situated Linda Mansfield, in No. 99-4049 v. National Tax Funding, L.P. Capital Asset Research Corporation, Ltd. Gladys Houck Marie Demitras Bragette Parker Mary Walsh, on Their Own Behalf and on Behalf of All Others Similarly Situated Mary Tabb, in No. 99-3858 v. Capital Asset Research Corp., Ltd. National Tax Funding, L.P. Capital Asset Holdings Gp Inc. Gladys Houck Marie Demitras Bragette Parker Mary Walsh, on Their Own Behalf and on Behalf of All Others Similarly Situated Mary Tabb v. Capital Asset Research Corp., Ltd. National Tax Funding, L.P. Capital Asset Holdings Gp Inc. In No. 99-3859 Gladys Houck Marie Demitras Bragette Parker Mary Walsh, on Their Own Behalf and on Behalf of All Others Similarly Situated Mary Tabb, in No. 99-3898 v. Capital Asset Research Corp., Ltd. National Tax Funding, L.P. Capital Asset Holdings Gp IncCourt of Appeals for the Third Circuit · 2000
  3. Holmes v. Pension Plan of Bethlehem Steel Corp.Court of Appeals for the Third Circuit · 2000
  4. Daset Mining Corp. v. Industrial Fuels Corp.Supreme Court of Pennsylvania · 1984
  5. Jarvis v. JohnsonCourt of Appeals for the Third Circuit · 1982

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