Barclays Discount Bank Ltd. v. Levy
Court of Appeals for the Ninth Circuit
1Opinion of the Court
FERGUSON, Circuit Judge:
This appeal involves actions (consolidated below) brought by two Israeli banks, Israel *724Discount Bank (IDB) and Barclays Discount Bank (Barclays), to collect on promissory notes made by two California diamond merchants, Sam Levy and Bogharian Bros., Inc. (Bogharian).1 The district court, 568 F.Supp. 1116 (1983) granted the plaintiffs’ motion for summary judgment, holding that under California law the plaintiffs were holders in due course, and rejecting the defenses offered by the defendants. The district court correctly chose to apply California law. However, we reverse…
2Cases cited18 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Telco Leasing, Inc. v. Transwestern Title Co., D/B/A California Land Title Co. Of MarinCourt of Appeals for the Ninth Circuit · 1980
- United States v. Guaranty Trust Co. of New YorkSupreme Court of the United States · 1934
- John E. FERGUSON, Plaintiff-Appellant, v. the FLYING TIGER LINE, INC., Defendant-AppelleeCourt of Appeals for the Ninth Circuit · 1982
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- In Re VealUnited States Bankruptcy Appellate Panel for the Ninth Circuit · 2011
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