Fed. Sec. L. Rep. P 96,125 United California Bank, a California Corporation v. Thc Financial Corp., a Hawaii Corporation, United California Bank, a California Corporation v. Thc Financial Corp., a Hawaii Corporation’s Empirical Analysis
557 F.2d 1351 · 1977
Citation profile
44 federal appellate · 12 district · 2 state decisions
How this case has been cited
Cited by 88 later decisions — most recently April 2018 · most notably United States v. Kessi (1989), California Computer Products, Inc. v. International Business Machines Corp. (1979)
44 federal appellate · 12 district · 2 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on Alyeska Pipeline Service Company v. Wilderness Society · Securities & Exchange Commission v. W. J. Howey Co. · The Boeing Company v. Daniel C. Shipman · Continental Ore Company v. Union Carbide and Carbon Corporation · United Housing Foundation, Inc. v. Forman
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 88 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“contributed 'risk capital' subject to the 'entrepreneurial or managerial efforts' of [others].”
7 later decisions quote this exact passage · from the majority“[T]he conclusion is inescapable that [THCF] was a sophisticated financial enterprise. THCF decided after completing its own credit investigation to enter into a commercial lending arrangement which it thought was relatively risk free and, in the light of hindsight, was not. An error in business judgment rather than a lack of disclosure by UCB better explains THCF’s predicament .... [T]he fact “that this [transaction] proved to be unduly risky and ill-advised does not in itself convert it into a speculative investment.””
2 later decisions quote this exact passage · from the majority“(1) time, (2) collateralization, (3) form of the obligation, (4) circumstances of issuance, (5) relationship between the amount borrowed and the size of the borrower’s business, and (6) the contemplated use of the funds.”
2 later decisions quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.