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SWERDLOFF v. MIAMI NAT. BANK

No. 76-1919.

584 F.2d 54 (1978)

Arthur SWERDLOFF and Louis Swerdloff, Plaintiffs-Appellants, v. MIAMI NATIONAL BANK, a National Banking Association, Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied December 18, 1978.

Attorney(s) appearing for the Case

Carl H. Hoffman, Miami, Fla., for plaintiffs-appellants.

Frates, Floyd, Pearson, Stewart, Richman & Greer, Kenneth J. Weil, David J. White, James D. Little, Kenneth F. Claussen, Helliwell, Melrose & DeWolf, William E. Sadowski, Robert J. Schaffer, Miami, Fla., for defendant-appellee.

Before JONES, RONEY and TJOFLAT, Circuit Judges.

RONEY, Circuit Judge:

This case of first impression concerns whether the two 100% shareholders of a corporation, who were guarantors of a loan made by a bank to their corporation, have standing to bring suit against the bank under a federal law which protects bank customers from being required as a loan condition to provide additional credit, property, or service to the bank not usually required of other customers. The Bank Holding Company Act Amendments of 1970,...

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