· 9/23/1986
Bank of Boston International v. Arguello Tefel
Citations
- 644 F. Supp. 1423
- 3 U.C.C. Rep. Serv. 2d (West) 1069
- 1986 U.S. Dist. LEXIS 20038
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- “[D]efendants’ purpose in entering into this transaction with plaintiff was to borrow money. The purpose was fulfilled when defendants received the loan proceeds from the plaintiff and is unaffected by subsequent events.”
- same as to bank loan used to purchase corporate controlling interest
Source: CourtListener parenthetical corpus (CC0).
Judges: Glasser
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.