Legal Opinion
American Savings Bank, F.S.B. v. Cheshire Management Co.
District Court, S.D. New York
Decided August 18, 1988No. 88-Civ. 5465 (JES)PublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
CONBOY, District Judge:
The plaintiff, American Savings Bank, F.S.B. (“ASB”), loaned the defendant Cheshire Management Co. (“CMC”) $12 million in two loans. CMC is in the real estate syndication business. CMC acts as general partner or as limited partner in other partnerships. See Ex. A to Affidavit of H.L. Van Varick, executed Aug. 4, 1988 (the “Loan and Security Agreement”), at schedule 7.32. As consideration for the loans, CMC granted the plaintiff a security interest in five groups of assets, including “receivables,” “fees,” and “certain partnership interests,”…
2Cases cited27 opinions
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- Hanson v. DencklaSupreme Court of the United States · 1958
- Asahi Metal Industry Co. v. Superior Court of Cal., Solano Cty.Supreme Court of the United States · 1987
- Lucas v. EarlSupreme Court of the United States · 1930
- Roland MacHinery Company v. Dresser Industries, Inc.Court of Appeals for the Seventh Circuit · 1984
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3Cited by2 opinions
- United States v. Swiss American Bank, Ltd.District Court, D. Massachusetts · 1998
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