Legal Opinion

Lyons Savings & Loan Ass'n v. Westside Bancorporation, Inc.

District Court, N.D. Illinois

Decided March 26, 1986No. 85 C 6501PublishedCited by 19 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

MORAN, District Judge.

This action centers around a loan participation agreement (“agreement”) which financed construction of condominiums in Hawaii. Lyons Savings & Loan Association (“Lyons”) and several other banks bought an interest in the loan from West-side Federal Savings & Loan Association (“Westside”). Westside Bancorporation is Westside’s parent company. The individual defendants named are past or present directors or officers of Westside.

Lyons claims Westside breached the agreement by failing to disclose its purchase of an equity interest in the condominiums.…

2Cases cited14 opinions

  1. Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
  2. Thomas v. Union Carbide Agricultural Products Co.Supreme Court of the United States · 1985
  3. North Mississippi Savings & Loan Association and New North Mississippi Federal Savings & Loan Association v. Joseph M. HudspethCourt of Appeals for the Fifth Circuit · 1985
  4. Ronco, Inc. v. Plastics, Inc.District Court, N.D. Illinois · 1982
  5. United Industrial Corp. v. Nuclear Corp. of AmericaDistrict Court, D. Delaware · 1964

9 more not listed; retrieve them via the Exa API.

3Cited by19 opinions

  1. Magic Toyota, Inc. v. Southeast Toyota Distributors, Inc.District Court, D. South Carolina · 1992
  2. Coit Independence Joint Venture v. Firstsouth, F.A.Court of Appeals for the First Circuit · 1987
  3. Lyons Savings & Loan Ass'n v. Westside Bancorporation, Inc.Court of Appeals for the Seventh Circuit · 1987
  4. Federal Savings & Loan Insurance v. Quality Inns, Inc.District Court, D. Maryland · 1987
  5. York Bank & Trust Co. v. Federal Savings & Loan InsuranceDistrict Court, M.D. Pennsylvania · 1987

14 more not listed; retrieve them via the Exa API.

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