Legal Opinion
Walton v. Philadelphia National Bank
Supreme Court of Pennsylvania
Decided July 22, 1988No. 1896PublishedCited by 37 opinions
1Opinion of the Court
KELLY, Judge:
This is an appeal by plaintiffs, H. Foster Walton, III and Gertrude R. Gautier (hereinafter “appellants”), from the order of June 23, 1987, directing appellee, Philadelphia National Bank (hereinafter “PNB”), to release funds held in escrow to appellee, Gateway Foods, Inc. (hereinafter “Gateway”). We vacate and remand.
A summary of the facts which have led to the instant action is as follows. Gateway acquired Reeves, Parvin & Co. (hereinafter “RPCO”) pursuant to a merger agreement in January of 1986. 1 Proposals for the acquisition of RPCO by Gateway required each RPCO stockholder…
2Cases cited19 opinions
- Standard Venetian Blind Co. v. American Empire InsuranceSupreme Court of Pennsylvania · 1983
- Universal Minerals, Inc. v. C. A. Hughes & Co.Court of Appeals for the Third Circuit · 1981
- Mellon Bank, N.A. v. Aetna Business Credit, Inc.Court of Appeals for the Third Circuit · 1980
- Hutchison v. Sunbeam Coal Corp.Supreme Court of Pennsylvania · 1986
- Steuart v. McChesneySupreme Court of Pennsylvania · 1982
14 more not listed; retrieve them via the Exa API.
3Cited by37 opinions
- Meeting House Lane, Ltd. v. MelsoSuperior Court of Pennsylvania · 1993
- Nicholas, J. v. Hofmann, D.Superior Court of Pennsylvania · 2017
- Harrity v. Medical College of Pennsylvania HospitalSuperior Court of Pennsylvania · 1994
- Donegal Mutual Insurance v. LongSupreme Court of Pennsylvania · 1989
- Windows, H. v. Erie Insurance ExchangeSuperior Court of Pennsylvania · 2017
32 more not listed; retrieve them via the Exa API.