Peoples Bank Of The Virgin Islands v. Jose Figueroa’s Empirical Analysis
559 F.2d 914 · 1977
Citation profile
5 federal appellate · 2 state decisions
How this case has been cited
Cited by 9 later decisions — most recently March 1995
5 federal appellate · 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 FIRST NATIONAL BANK IN LENOX v. Brown · Peterson v. Idaho First National Bank · Cunningham v. Merchants' Nat. Bank of Manchester
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 9 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“[i]n view of the endorsers’ total lack of knowledge of, and reliance upon, even the information which appeared on Figueroa’s loan application, it is not possible to give credit to any claim that the Bank misrepresented to them either the fact or the amount of Figueroa’s liabilities at the time of endorsement. [[Image here]] It is enough for us to recognize that here the Bank neither procured the endorsers nor induced them to endorse, nor was the Bank asked for any financial details pertaining to Figueroa’s account. Had any of those circumstances obtained here, we would be presented with a different case. Absent such circumstances, endorsers who make no inquiries of the maker’s bank and who are procured solely by the maker of the note cannot expect the bank which holds the note to protect their interests. E.g., Cunningham v. Merchants’ National Bank, 4 F.2d 25, 30 (1st Cir.), cert. denied, 268 U.S. 691 , 45 S.Ct. 511 , 69 L.Ed. 1160 (1925).”
1 later decision quote this exact passage · from the majority“the Bank could hardly have volunteered financial information [about the borrower] (or even acceded to an unauthorized request from prospective endorsers to disclose such data) without breaching duties of confidentiality and privacy in its dealings with its customers. See Peterson v. Idaho First National Bank, 83 Idaho 578 , 367 P.2d 284 (1961); Annot., 92 A.L.R.2d 891 (1963); 10 Am.Jur.2d, Banks § 332 (1963); see also First National Bank v. Brown, 181 N.W.2d 178, 183 (Iowa 1970) (recognizing the duty of confidentiality but holding for the endorser where the withheld information was of public record) (footnote omitted).”
1 later decision 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.