Legal Opinion

South Carolina National Bank v. Darmstadter

District Court, D. South Carolina

Decided November 18, 1985No. Civ. A. 6:84-2466-14PublishedCited by 4 opinions

1Opinion of the Court

ORDER

WILKINS, District Judge.

This matter is before the Court upon the parties’ motions for summary judgment. For the reasons set forth below, the Court finds that the December 1978 loan transaction between the parties does not involve or constitute a security. Further, the Court finds that Plaintiff was not a responsible party in the transaction between Defendant and the National Railway Utilization Corporation (NRUC) in that Plaintiff did not breach any fiduciary duty owed Defendant. Accordingly, Plaintiffs motion for summary judgment on these issues is granted. The remaining issues…

2Cases cited8 opinions

  1. United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
  2. Fed. Sec. L. Rep. P 92,024 Futura Development Corporation v. Centex CorporationCourt of Appeals for the First Circuit · 1985
  3. Amfac Mortgage Corp. v. Arizona Mall of Tempe, Inc.Court of Appeals for the Ninth Circuit · 1978
  4. Joseph J. LAWLER, Trustee in Bankruptcy for Frank E. Mower, II, Appellant, v. Thomas W. GILLIAM, Jr. and General Erle Cocke, Jr., AppelleesCourt of Appeals for the Fourth Circuit · 1978
  5. Davis v. Avco Financial Services, Inc.Court of Appeals for the Sixth Circuit · 1984

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

3Cited by4 opinions

  1. Bernard A. Schlifke and Harvey Kallick, D/B/A K & S Investments Co., a Partnership v. Seafirst Corp. And Seattle-First National BankCourt of Appeals for the First Circuit · 1989
  2. In Re Epic Mortgage Insurance LitigationDistrict Court, E.D. Virginia · 1988
  3. Crim v. E. F. Hutton, Inc.Supreme Court of South Carolina · 1989
  4. In Re Atlantic Littleneck Clamfarms, Inc.United States Bankruptcy Court, D. South Carolina · 1997

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