Legal Opinion
Security Finance Group, Inc., Benz General Partnership 1, and Jag General Partnership No. 1 v. Northern Kentucky Bank and Trust, Inc.
Court of Appeals for the Sixth Circuit
Decided September 23, 1988No. 87-5823PublishedCited by 14 opinions
1Opinion of the Court
WELLFORD, Circuit Judge.
Appellant, Security Finance Group, Inc. (“Security Finance”), a lending institution, brought an action to enforce several letters of credit against the appellee, Northern Kentucky Bank and Trust, Inc. (“Northern Kentucky”). At issue on appeal is the district court’s holding that the documents are unenforceable guaranties rather than valid letters of credit.
The conduct behind this litigation involved a number of banks and an apparently illicit link between Northern Kentucky’s president and one of its customers. In July 1982 an organization known as Mineral Associates…
2Cases cited12 opinions
- Federal Deposit Insurance v. Philadelphia Gear Corp.Supreme Court of the United States · 1986
- Barclays Bank D. C. O. v. Mercantile National BankCourt of Appeals for the Fifth Circuit · 1973
- O'Grady v. First Union National BankSupreme Court of North Carolina · 1978
- Dynamics Corp. of America v. Citizens & Southern National BankDistrict Court, N.D. Georgia · 1973
- New Jersey Bank (National Ass'n) v. PalladinoSupreme Court of New Jersey · 1978
7 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Patrick J. Murphy v. Federal Deposit Insurance Corporation, Patrick J. Murphy, an Individual Murphy's Markets, Inc., a California Corporation Ramsey Marketing and Management Co. ("Ramco"), Aka: Ramsay Marketing and Management Co., a California Corporation v. Federal Deposit Insurance Corporation, Federal Deposit Insurance Corporation First National Bank v. Patrick J. MurphyCourt of Appeals for the First Circuit · 1994
- Provident Bank of Maryland v. Travelers Property Casualty Corporation, Formerly Known as Aetna Life & Casualty CompanyCourt of Appeals for the Fourth Circuit · 2000
- Murphy v. Federal Deposit InsuranceCourt of Appeals for the Ninth Circuit · 1994
- Patrick J. Murphy v. Federal Deposit Insurance Corporation, Patrick J. Murphy, an Individual Murphy's Markets, Inc., a California Corporation Ramsey Marketing and Management Co. ("Ramco") AKA Ramsay Marketing and Management Co., a California Corporation v. Federal Deposit Insurance Corporation, Federal Deposit Insurance Corporation First National Bank v. Patrick J. MurphyCourt of Appeals for the First Circuit · 1993
- Aetna Life and Casualty Company v. Huntington National BankCourt of Appeals for the Sixth Circuit · 1991
9 more not listed; retrieve them via the Exa API.