AM. FLETCHER MORTG. CO. v. U.S. STEEL CREDIT CORP.

Nos. 80-1485, 80-1719.

635 F.2d 1247 (1980)

AMERICAN FLETCHER MORTGAGE COMPANY, INC., and American Fletcher National Bank and Trust Company, Plaintiffs-Appellees, v. U. S. STEEL CREDIT CORPORATION, Defendant-Counterclaimant (Appellant), v. AMERICAN FLETCHER MORTGAGE COMPANY, INC., American Fletcher National Bank and Trust Company and American Fletcher Corporation, Counterdefendants (Appellees).

United States Court of Appeals, Seventh Circuit.

Decided November 3, 1980.

Rehearing and Rehearing Denied December 3, 1980.


Attorney(s) appearing for the Case

William A. Wick, Indianapolis, Ind., for defendant-counterclaimant (appellant).

Theodore R. Boehm, Indianapolis, Ind., for plaintiffs-appellees.

Before CUMMINGS and WOOD, Circuit Judges, and CAMPBELL, Senior District Judge.


Rehearing and Rehearing En Banc Denied December 3, 1980.

CUMMINGS, Circuit Judge.

In this diversity case, defendant U. S. Steel Credit Corporation appeals in No. 80-1719 from the district court's interlocutory orders denying defendant's motion for partial summary judgment on plaintiffs' amended and supplemental complaint and defendant's motion for a summary judgment declaring the loan participations in issue to be "securities" within the meaning of federal...

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