Legal Opinion

Adams v. Madison Realty & Development, Inc.

Court of Appeals for the Third Circuit

Decided July 22, 1988No. 88-5111PublishedCited by 20 opinions

1Opinion of the Court

OPINION OF THE COURT

WEIS, Circuit Judge.

The district court entered summary judgments in favor of the purported indorsee of promissory notes and certified a controlling question of law pursuant to 28 U.S.C. § 1292(b). The issue presented on this appeal is whether a good faith purchaser is a holder in due course of promissory notes containing indorsements on separate sheets of paper loosely inserted within each note. We answer in the negative and will vacate the judgments.

The saga of this litigation is extensive and quite complicated. However, the question certified to us is narrow, and the…

2Cases cited24 opinions

  1. Haug v. RileySupreme Court of Georgia · 1897
  2. Estrada v. River Oaks Bank & Trust Co.Court of Appeals of Texas · 1977
  3. Crosby v. RoubWisconsin Supreme Court · 1863
  4. Samuel J. Falcone v. Columbia Pictures Industries, Inc. Appeal of Samuel J. FalconeCourt of Appeals for the Third Circuit · 1986
  5. Security Pacific National Bank v. ChessCalifornia Court of Appeal · 1976

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

3Cited by20 opinions

  1. Bank of Am., N.A. v. PasqualoneOhio Court of Appeals · 2013
  2. Repola v. Morbark Industries, Inc.Court of Appeals for the Third Circuit · 1991
  3. Carrington v. RCA Global Communications, Inc.District Court, D. New Jersey · 1991
  4. Adams v. Madison Realty & Development, Inc.District Court, D. New Jersey · 1990
  5. Federal Home Loan Mortgage Corp. v. SchwartzwaldOhio Court of Appeals · 2011

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

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