Legal Opinion
First National Bank v. Estate of Russell
Court of Appeals for the Fifth Circuit
Decided September 23, 1981No. 80-1401PublishedCited by 11 opinions
1Opinion of the Court
SAM D. JOHNSON, Circuit Judge:
Plaintiff First National Bank of Las Vegas, New Mexico, appeals from the district court summary judgment in favor of defendants in this securities fraud case. The district court granted summary judgment for defendants, finding that the notes involved in the transaction at issue were not *669securities and that the transaction was not a purchase and sale of a security. We vacate and remand.
“In considering the propriety of summary judgment, plaintiff’s factual version must be taken as true.” Shores v. Sklar, 647 F.2d 462, 464 (5th Cir. 1981) (en banc). As the Shores…
2Cases cited22 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
- Rubin v. United StatesSupreme Court of the United States · 1981
- United States v. NaftalinSupreme Court of the United States · 1979
- Fed. Sec. L. Rep. P 92,714 Edwin J. Herpich v. Robert H. Wallace, Jack E. LoveCourt of Appeals for the Fifth Circuit · 1970
17 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Securities & Exchange Commission v. Unique Financial Concepts, Inc.Court of Appeals for the Eleventh Circuit · 1999
- Sheldon v. Comm'rUnited States Tax Court · 1990
- Keys v. WolfeDistrict Court, N.D. Texas · 1982
- First National Bank Of Las Vegas, New Mexico v. Estate Of Milton B. RussellCourt of Appeals for the First Circuit · 1981
- Echols v. StricklandDistrict Court, S.D. Texas · 1981
6 more not listed; retrieve them via the Exa API.