Legal Opinion

Capitol Savings & Loan Ass'n v. First Financial Savings & Loan Ass'n

Court of Appeals of Iowa

Decided December 26, 1984No. 84-299PublishedCited by 5 opinions

1Opinion of the Court

HAYDEN, Judge.

Plaintiff appeals from a judgment for defendant in an action seeking damages for breach of a fiduciary duty and breach of a loan participation agreement.

On July 1, 1970, a loan was made by defendant Marion County Savings and Loan Association, now known as First Financial Savings and Loan Association, to Terrace Inn, Inc., which operated a motel and restaurant in Newton, Iowa. Additional loans were made to Terrace Inn between 1970 and 1975 which involved defendant and other savings and loan associations which entered into loan participation agreements with defendant.

In 1975…

2Cases cited4 opinions

  1. Ca 79-2939 Carondelet Savings & Loan Association, Plaintiff-Cross v. Citizens Savings & Loan Association, Defendant-CrossCourt of Appeals for the Seventh Circuit · 1979
  2. Lovrien v. FitzgeraldSupreme Court of Iowa · 1954
  3. Sauer v. ScottSupreme Court of Iowa · 1976
  4. Fort Madison Savings & Loan v. Marion County Savings & LoanCourt of Appeals of Iowa · 1981

3Cited by5 opinions

  1. Board of Directors of Fairfield Community School District v. JustmannSupreme Court of Iowa · 1991
  2. Clinton Federal Savings & Loan Ass'n v. Iowa-Des Moines Natioanal BankCourt of Appeals of Iowa · 1986
  3. State Savings Bank v. Allis-Chalmers Corp.Court of Appeals of Iowa · 1988
  4. FAIRFIELD COM. SCHOOL DIST. v. JustmannSupreme Court of Iowa · 1991
  5. Sharion Stalzer v. Debra K. Smith as of the Estate of Robert F. Darner and Debra K. Smith, IndividuallyCourt of Appeals of Iowa · 2016

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