· 11/8/1976
Farmers & Traders State Bank v. Magill
Citations
- 545 F.2d 583
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- stating that the Princess Lida principle \is more accurately described as a prudential doctrine\ rather than as a jurisdictional one
- stating that \[Princess Lida ] is more accurately described as a prudential doctrine in which a second court with concurrent jurisdiction will exercise its discretion to defer to another court....\
- observing that federal claims were present in the Burford case itself
- finding that the McCarran-Ferguson Act supported abstention, not reverse preemption of federal jurisdiction
- finding abstention appropriate where federal review carried “the potential for creating inequities in the administration of the state scheme”
- relying upon Princess Lida and Bank of New York, among other cases, in noting that the Supreme Court has held “that courts first assuming jurisdiction over property may exercise their jurisdiction in proceedings to dispose of the property to the exclusion of other courts”
Source: CourtListener parenthetical corpus (CC0).
Judges: Cummings, Fairchild, Tone
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.