Legal Opinion
Rezapolvi v. First National Bank
Court of Appeals of Maryland
Decided May 25, 1983No. [No. 171, September Term, 1981.]PublishedCited by 25 opinions
1Opinion of the CourtEldridge, J.
The dispute in this case concerns the right of a bank to dishonor its own cashier’s check.
Kamal Rezapolvi entered into a "Preliminary Agreement” with R. Gordon Loetz, Sr., the president and owner of Columbia Marketing Corporation, for the purchase of a restaurant franchise. Pursuant to this agreement, in October 1977, Rezapolvi paid Loetz a total of $13,622 as a deposit. According to the uncontradicted testimony, after Loetz failed to find a location for the franchise within 30 days, as provided by the contract, and after Loetz raised the price of the franchise from $40,000 to $100,000,…
2Cases cited39 opinions
- Tpo Incorporated v. Federal Deposit Insurance Corporation, as Receiver of Eatontown National BankCourt of Appeals for the Third Circuit · 1973
- Nat. Newark & Essex Bank v. GiordanoNew Jersey Superior Court Appellate Division · 1970
- Wertz v. Richardson Heights Bank and TrustTexas Supreme Court · 1973
- Taylor v. Equitable Trust Co.Court of Appeals of Maryland · 1973
- Kaufman v. Chase Manhattan Bank, National Ass'nDistrict Court, S.D. New York · 1973
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3Cited by25 opinions
- Mark D. Dean, P.S.C. v. Commonwealth Bank & Trust Co.Kentucky Supreme Court · 2014
- Messing v. Bank of America, N.A.Court of Appeals of Maryland · 2003
- Citizens Bank v. Maryland Industrial Finishing Co.Court of Appeals of Maryland · 1995
- Da Silva v. SandersDistrict Court, District of Columbia · 1984
- Warren Finance, Inc. v. Barnett Bank of Jacksonville, NASupreme Court of Florida · 1989
20 more not listed; retrieve them via the Exa API.