Legal Opinion
United States v. Trans-World Bank
District Court, C.D. California
Decided July 17, 1974No. Civ. 73-1829-HPPublishedCited by 17 opinions
1Opinion of the Court
FINDINGS OF FACT AND CONCLUSIONS OF LAW
PREGERSON, District Judge.
Plaintiff, United States of America, filed suit seeking to have this Court declare Defendant, Trans-World Bank (hereafter “Defendant-Bank”) personally liable for its refusal to honor an Internal Revenue Service levy served upon it on November 1, 1971. 1 In addition, Plaintiff requested that.a penalty equal to fifty percent (50%) of the amount recoverable under the levy be imposed against Defendant-Bank, since it acted without “reasonable cause” in failing to honor the levy. 2
On May 3, 1974, Plaintiff filed its motion for summary…
2Cases cited7 opinions
- United States v. Sterling National Bank & Trust Company of New York, and Third-Party v. Charles S. Smith, Third-PartyCourt of Appeals for the Second Circuit · 1974
- Bank of Nevada v. United StatesCourt of Appeals for the Ninth Circuit · 1958
- United States v. Manufacturers Trust Co.Court of Appeals for the Second Circuit · 1952
- United States v. First National Bank of ArizonaDistrict Court, D. Arizona · 1970
- Bank of America National Trust and Savings Association, a National Banking Association v. United StatesCourt of Appeals for the Ninth Circuit · 1965
2 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Keene Corp. v. International Fidelity InsuranceDistrict Court, N.D. Illinois · 1983
- United States v. Morris WeintraubCourt of Appeals for the Sixth Circuit · 1979
- United States v. Citizens and Southern National Bank, United States of America v. Citizens and Southern National BankCourt of Appeals for the Fifth Circuit · 1976
- International Harvester Co. v. Peoples Bank & Trust Co.Mississippi Supreme Court · 1981
- Peoples National Bank of Washington, a National Banking Association v. United StatesCourt of Appeals for the Ninth Circuit · 1985
12 more not listed; retrieve them via the Exa API.