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FIRST NAT. BANK OF OMAHA v. MARQUETTE NAT., ETC.

No. 80-1043.

636 F.2d 195 (1980)

FIRST NATIONAL BANK OF OMAHA, a national banking association and First of Omaha Service Corporation, a Nebraska Corporation, Appellants, v. The MARQUETTE NATIONAL BANK OF MINNEAPOLIS, a national banking association, Appellee, St. Paul Fire and Marine Insurance Company, a Minnesota Corporation.

United States Court of Appeals, Eighth Circuit.

Decided November 25, 1980.

Attorney(s) appearing for the Case

William E. Morrow, Jr., argued, Donald J. Buresh of Swarr, May, Smith & Andersen, Omaha, Neb., and Clay R. Moore of Mackall, Crounse & Moore, Minneapolis, Minn., for plaintiffs-appellants.

Levitt, Palmer, Bowen, Rotman & Share, by J. Patrick McDavitt argued, Minneapolis, Minn., for defendant-appellee The Marquette Nat. Bank of Minneapolis.

Before BRIGHT, Circuit Judge, GIBSON, Senior Circuit Judge, and STEPHENSON, Circuit Judge.

STEPHENSON, Circuit Judge.

Plaintiffs-appellants First National Bank of Omaha (First National) and First of Omaha Service Corporation (Omaha Service) brought this action seeking damages from defendant-appellee, the Marquette National Bank of Minneapolis (Marquette). Appellants' action is based on Marquette's lobbying activity in the passage through the Minnesota legislature, in April 1976, of a twelve percent per annum interest ceiling on charges by bank credit card...

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