Federal Deposit Insurance v. Eagle Properties, Ltd.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding subordination certificate unenforceable in spite of general board authorization because minutes do not specifically approve the certificate
• note is not negotiable if a “provision leaves a possibility of reduction in the amount collectible on the note”

Source: CourtListener parenthetical corpus (CC0).