Legal Opinion
Lawton v. Walker
Supreme Court of Virginia
Decided April 25, 1986No. Record 822146PublishedCited by 20 opinions
1Opinion of the CourtCompton, J.
In this appeal of a commercial law case, the main issue is whether the purchaser of a promissory note was a holder in due course.
In December 1981, appellant Charles Lawton sued appellee Emily Walker for $4,950 on a bearer note made by Walker in 1976 and held by Lawton, who claimed to be a holder in due course. Following a bench trial, the court below entered judgment for the defendant. We awarded the plaintiff this appeal.
Lawton, a retired welder, purchased the note in question on April 15, 1980 from Martin Swersky, an acquaintance who had been in the aluminum siding business. The note…
2Cases cited6 opinions
- Breslin v. New Jersey Investors, Inc.Supreme Court of New Jersey · 1976
- Moore v. Potomac Savings BankSupreme Court of Virginia · 1933
- City National Bank v. HundleySupreme Court of Virginia · 1911
- National Bank v. American Bank & Trust Co.Supreme Court of Virginia · 1934
- Baach v. Bank of PocahontasSupreme Court of Virginia · 1931
1 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Hartford Accident & Indemnity Co. v. American Express Co.New York Court of Appeals · 1989
- Securities & Exchange Commission v. Lehman Brothers, Inc.Court of Appeals for the First Circuit · 1998
- Bankers Trust (Delaware) v. 236 Beltway Inv.District Court, E.D. Virginia · 1994
- DH Cattle Holdings Co. v. SmithAppellate Division of the Supreme Court of the State of New York · 1994
- Schultz v. Wills (In Re Wills)United States Bankruptcy Court, E.D. Virginia · 1991
15 more not listed; retrieve them via the Exa API.