White v. Whatley

How courts have described this case

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

• holding that a RICO injury does not occur until a debtor defaults on promised principal and equity payments
• holding that injury arising from financial obligation accrues “as to each expense when [injured party becomes] obligated to pay that expense, and not at some later date when it actually [makes] the payment”
• affirming decision that claims not made under the indenture were not barred by no-action clause that, by its terms, applied only to the indenture
• applying rule of construction that a contract should not be interpreted so as to render certain of its provisions superfluous
• no action clause does not affect the ability of debenture holders to bring a suit after nonpayment of principal and interest
• no action clause does not affect the ability of debenture holders to bring a suit after non payment of principal or interest

Source: CourtListener parenthetical corpus (CC0).