Legal Opinion

Central States Resources, Corp. v. First National Bank

Nebraska Supreme Court

Decided June 4, 1993No. S-90-1124PublishedCited by 41 opinions

1Opinion of the CourtHastings, C.J.

Central States Resources, Corp. (Central States), appeals the judgment dismissing its cause of action as to count VII entered by the district court following a bifurcated trial on the applicability of the statute of limitations.

On January 5,1983, the Bank of Gering (Gering) purchased from Minatare State Bank (Minatare) a $227,000 participation in loans of $327,300 which were made by Minatare to Harlan Deines on January 4, 1983. A participation agreement involves a lead bank which makes a loan and sells a portion of it to another bank. First National Bank in Morrill (FNBM) is the successor in…

2Cases cited25 opinions

  1. Federal Deposit Insurance Corporation v. New Hampshire Insurance CompanyCourt of Appeals for the Ninth Circuit · 1992
  2. Union Pacific Railroad v. Kaiser Agricultural Chemical Co.Nebraska Supreme Court · 1988
  3. Mountain States Financial Resources Corp. v. AgrawalDistrict Court, W.D. Oklahoma · 1991
  4. Tabata v. MuraneCalifornia Supreme Court · 1944
  5. Federal Deposit Insurance Corporation v. Mademoiselle Of CaliforniaCourt of Appeals for the Ninth Circuit · 1967

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

3Cited by41 opinions

  1. Jackson v. ThweattTexas Supreme Court · 1994
  2. Tivoli Ventures, Inc. v. BumannSupreme Court of Colorado · 1994
  3. Lindsay Manufacturing Co. v. Universal Surety Co.Nebraska Supreme Court · 1994
  4. Long v. HackerNebraska Supreme Court · 1994
  5. Sanitary & Improvement District 57 v. City of ElkhornNebraska Supreme Court · 1995

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API