Resolution Trust Corporation, as Conservator for Greatamerican Federal Savings and Loan Association v. Aetna Casualty & Surety Company of Illinois

How courts have described this case

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

• ”[T]he economic substance of each repurchase transaction was collateralized lending: Because the market value of the underlying securities exceeded their ‘sale’ value in the repurchase agreement, the buyer/lender ... was essentially over-collateralized during the term of the transaction.”

Source: CourtListener parenthetical corpus (CC0).