First Bank Investors' Trust, Creditor-Appellant v. Tarkio College, Debtor-Appellee

How courts have described this case

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

• calculating the interest of a note at the contract rate negates an inference of intent to charge at the default interest rate
• calculating the interest of a note at the contract rate negates an inference of intent to charge at the default interest rate
• appellate court ordinarily will not consider issues not presented to the bankruptcy court in the first instance
• appellate court ordinarily will not consider issues not presented to bankruptcy court in first instance
• “Any unpaid balance remaining under the note after the maturity date of July 1, 1995, or after acceleration of the loan by First Bank would accrue interest at a ‘post-maturity rate’ of sixteen percent per year.”
• appellate court does not consider issues not presented to bankruptcy court

Source: CourtListener parenthetical corpus (CC0).