Legal Opinion

Crefisa Inc. v. Washington Mutual Bank, F.A. (In Re Colonial Mortgage Bankers Corp.)

Court of Appeals for the First Circuit

Decided August 2, 1999No. 98-2273PublishedCited by 19 opinions

1Opinion of the Court

BOUDIN, Circuit Judge.

This appeal is taken from a decision of the United States District Court for the District of Puerto Rico reversing a decision of the federal bankruptcy court. In substance, the district court sustained a claim by Crefisa, Inc., requiring the bankruptcy trustee of Colonial Mortgage Bankers Corporation (“Colonial”) to pay over approximately $557,000 comprising security for a note held by Crefisa. The background events are somewhat complicated.

In the 1980s, Colonial was engaged in the business of servicing mortgages. One of its clients was the Bowery Savings Bank (“Bowery”)…

2Cases cited7 opinions

  1. Don Kirshner, and Schumaier, Roberts & McKinsey v. Uniden Corporation of AmericaCourt of Appeals for the Ninth Circuit · 1988
  2. Executive Leasing Corp. v. Banco Popular De Puerto RicoCourt of Appeals for the First Circuit · 1995
  3. Raitport v. American Telephone & TelegraphSupreme Court of the United States · 1995
  4. Crawford v. LamantiaCourt of Appeals for the First Circuit · 1994
  5. Level 3 Communications, Inc. v. Federal Insurance Company and Pacific Insurance CompanyCourt of Appeals for the Seventh Circuit · 1999

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

3Cited by19 opinions

  1. Banco Santander De Puerto Rico v. Lopez-StubbeCourt of Appeals for the First Circuit · 2003
  2. United States v. San Juan Bay MarinaCourt of Appeals for the First Circuit · 2001
  3. Northeast Drilling, Inc. v. Inner Space Services, Inc.Court of Appeals for the First Circuit · 2001
  4. Bates v. CitiMortgage, Inc.Court of Appeals for the First Circuit · 2016
  5. In Re FiorilloDistrict Court, D. Massachusetts · 2011

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

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