Legal Opinion
First National Bank of Chicago v. Comptroller of the Currency of the United States
Court of Appeals for the Seventh Circuit
Decided February 14, 1992No. Nos. 91-3244, 91-3245PublishedCited by 8 opinions
1Opinion of the Court
POSNER, Circuit Judge.
First National Bank of Chicago, as trustee of a real estate investment fund, brought this suit in federal district court against the Comptroller of the Currency to challenge his refusal to allow the bank to distribute individual properties owned by the fund to withdrawing investors in lieu of either cashing them out or giving them proportional interests in the fund’s entire portfolio of properties. Do not confuse this fund with a “Real Estate Investment Trust” (REIT), also a method of pooling real estate investments but one with special conditions not claimed to be…
2Cases cited28 opinions
- Bankers Trust Co. v. MallisSupreme Court of the United States · 1978
- Federal Trade Commission v. Standard Oil Co.Supreme Court of the United States · 1980
- Investment Company Institute v. CampSupreme Court of the United States · 1971
- Lyng v. PayneSupreme Court of the United States · 1986
- William Cronin v. United States Department of AgricultureCourt of Appeals for the Seventh Circuit · 1990
23 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Equal Employment Opportunity Commission v. The Chicago ClubCourt of Appeals for the Seventh Circuit · 1996
- Calumet River Fleeting, Inc. v. International Union of Operating Engineers, Local 150, AFL-CIOCourt of Appeals for the Seventh Circuit · 2016
- Walton, Inc. v. JensenIdaho Court of Appeals · 1999
- Martin v. National Bank of AlaskaDistrict Court, D. Alaska · 1993
- First National Bank Of Chicago v. Comptroller Of The CurrencyCourt of Appeals for the First Circuit · 1992
3 more not listed; retrieve them via the Exa API.