industrial credit corporation

• Armco Industrial Credit Corporation, Plaintiff-Appellee, v. Slt Warehouse Company, and Richard B. Conklin, Defendants-Appellants., 782 F.2d 475 (5th Cir. 1986)

Matthews & Thorp, Howard Jensen, John D. Exline, Dallas, Tex., William G. Guerri, St. Louis, Mo., Stephen G. Anderson, Washington, D.C., for SLT Wareh...

• Federal Circuits

• Aba Leader Credits Members for Successes

Earl McVicker, outgoing ABA chairman said he is pleased with what ABA members accomplished during the past year as he prepares to step down at the group's annual convention October 7-10 in San Diego. Among the highlights McVicker cites are the stripping of the Farm Credit Service Horizons proposal from the 2007 House farm bill; resolving the industrial loan corporation issue; and increased involvement by bankers on other federal and state issues affecting the industry. Perhaps the most important accomplishment, according to McVicker, is the pending merger of the ABA and America's Community Bankers. Once McVicker passes the ABA chairmanship to Bradley E. Rock, president and CEO of the Bank of Smithtown, New York, McVicker said he will turn his attention to running his company, Central Fi...

• Northwestern Financial Review
• August 21, 2009

• Industrial Credit Company, a Corporation, Appellant, v. Maurice Berg, June Berg and Howard James, Appellees., 388 F.2d 835 (8th Cir. 1968)

Flavel A. Wright, of Cline, Williams, Wright, Johnson, Oldfather & Thompson, Lincoln, Neb., for appellant and filed brief. Norman Krivosha, of Ginsbu...

• Federal Circuits

• Wal-Mart Drops Banking Pursuit ; Intention Had Roiled Industry

Wal-Mart Stores Inc. yesterday decided to withdraw its bid to establish a bank amid controversy over whether the retailer should be allowed to expand its empire by opening a financial institution. The world's largest retailer said it wanted to establish the industrial loan corporation (ILC) so it could process credit- and debit-card transactions itself, potentially saving customers money.

• The Washington Times
• March 18, 2007

• Lynda Kruso, Gloria Yokubaitis, Kathy E. Acquistapace, Christine M. Forakis, Et Al., Plaintiffs-Counterdefendants-Appellants, v. International Telephone & Telegraph Corp., Itt Commercial Finance Corp., Itt Industrial Credit Co., a Corporation, Itt Business Communications, Et Al., Defendants- Counterplaintiffs- Appellees., 872 F.2d 1416 (9th Cir. 1989)

Bruce A. Friedman, Los Angeles, Cal., for plaintiffs-counterdefendants-appellants. Robert F. Scoular, Martin J. Foley, and Hillary Arrow Booth, Bryan...

• Federal Circuits

• Itt Industrial Credit Company, a Nevada Corporation, Plaintiff-Appellee, v. Durango Crushers, Inc., a Delaware Corporation; Roger Morrison, Defendants-Appellants., 832 F.2d 307 (4th Cir. 1987)

Don Michael Blumenthal (Roger A. Morrison, Chevy Chase, Md., Joann Langston, on brief), for defendants-appellants. Wayne G. Gracey (B. Marvin Potler,...

• Federal Circuits

• Ilcs Spark Bank-Credit Union Battle

A California-based group has a message for fellow credit unions that want to sell their credit-card portfolios: they shouldn't be forced to sell them to a bank. In fact, they should be able to keep them in the family and sell them to an industrial loan corporation operated by a credit union. Pasadena, Calif.-based Wescom Credit Union broke this new ground when it agreed to buy Silvergate Bank, an ILC in the San Diego suburbs, earlier this year.

• Long Island Business News
• March 17, 2006

• in the Matter of Credit Industrial Corporation, Bankrupt. Milton S. Gould, I. Alan Harris and Henry Landau, Trustees-Petitioners-Appellants, Jeanne Levin, Executrix of the Estate of Leo B. Levin, Deceased, Rose Friedman, Edith Keller, Beverly Keller, Pauline Goldstein, Fannie Winnick, Samuel Coslow, Benjamin Fried, Marcus Fried, Milton Schwartz, Arthur Hilton, Gertrude L. Hilton and Edward H. Bottner, Claimants-Respondents-Appellees., 366 F.2d 402 (2nd Cir. 1966)

Jules H. Enrich, New York City (Hays, Sklar & Herzberg, New York City), for claimant-appellee-cross-appellant, Jeanne Levin, Exx. of the Estate of Leo...

• Federal Circuits

• Fitch Rates Mansfield, TX EDC & PFDC Sales Tax Revs 'AA-'; Outlook Stable.

...Mansfield Economic Development Corporation:. --$7.46 million economic development corporation... continuing residential and commercial/industrial expansion. CREDIT PROFILE. The PFDC is a 4B nonpro...

• Business Wire
• November 22, 2011

• Gurney Industries, Inc., Appellant, v. St. Paul Fire and Marine Insurance Company, and Robert P. Perrin, Trustee in Reorganization for Roberts Company and Roberts Engineers, Inc., Appellees. Gurney Industries, Inc., and Commercial Credit Industrial Corporation, Appellees, v. Robert P. Perrin, Trustee in Reorganization for Roberts Company and Roberts Engineers, Inc., Appellant., 467 F.2d 588 (4th Cir. 1972)

John W. Riely, Richmond, Va. (Allen C. Goolsby, III, Harry D. Saunders, Richmond, Va., Hunter M. Jones, Charlotte, N. C., Walter S. Beck, New York Cit...

• Federal Circuits