Legal Opinion

Fed. Sec. L. Rep. P 92,864 Pearl J. Barker v. Henderson, Franklin, Starnes & Holt, and Taylor, Edenfield, Gilliam & Wiltshire

Court of Appeals for the Seventh Circuit

Decided July 30, 1986No. 86-1143PublishedCited by 166 opinions

1Opinion of the Court

EASTERBROOK, Circuit Judge.

For several years Michigan Baptist Foundation, Inc., built and operated a retirement village in Florida. It sold lifetime leases to the apartments in Estero Woods Village (the Project). In order to finance the Project until it could receive revenue from the leases, the Foundation issued bonds secured by its interest in the land and ongoing construction. Many of the bonds were sold in small amounts to people who, we assume, were unsophisticated and unable to afford losing their investments. In October 1976 Lee County Bank, the Trustee for the bonds, refused to…

2Cases cited17 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  3. Upjohn Co. v. United StatesSupreme Court of the United States · 1981
  4. Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
  5. Chiarella v. United StatesSupreme Court of the United States · 1980

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

3Cited by166 opinions

  1. Fed. Sec. L. Rep. P 94,768 Phil A. Street and Clyde H. Street v. J.C. Bradford & CompanyCourt of Appeals for the Sixth Circuit · 1990
  2. Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
  3. Fed. Sec. L. Rep. P 95,228 Rocco Dileo and Louise Dileo v. Ernst & YoungCourt of Appeals for the Seventh Circuit · 1990
  4. In Re Advanta Corp. Securities LitigationCourt of Appeals for the Third Circuit · 1999
  5. Moore v. Kayport Package Express, Inc.Court of Appeals for the Ninth Circuit · 1989

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

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