Parsons Steel, Inc. v. First Alabama Bank of Montgomery, N.A.

How courts have described this case

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

• affirming judgment notwithstanding the verdict for plaintiffs’ failure to establish a tying arrangement
• Sec. 1972 requires an anticompetitive tying arrangement that benefits the bank; bank may require change in management and ownership of subsidiary before extending additional credit
• “Unless the ‘unusual’ banking practice is shown to be an anticompetitive tying arrangement which benefits the bank, it does not fall within the scope of the Act’s prohibitions.”

Source: CourtListener parenthetical corpus (CC0).