Thorns v. Sundance Properties’s Empirical Analysis
726 F.2d 1417 · 1984
Citation profile
3 federal appellate · 2 district · 6 state decisions
How this case has been cited
Cited by 25 later decisions — most recently February 2024 · most notably Bloom v. Ic System Inc (1992), 39 Cal. App. 4th 1578 - Weber v. Langholz (1995)
3 federal appellate · 2 district · 6 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
Applies 15 U.S.C. § 1601 (§ 102 of the Truth in Lending Act) · 15 U.S.C. § 1602 (§ 103 of the Truth in Lending Act) · 15 U.S.C. § 1603 (§ 104 of the Truth in Lending Act) · 15 U.S.C. § 1635 (§ 125 of the Truth in Lending Act)
Relies on Ford Motor Credit Co. v. Milhollin · Heiniger v. City of Phoenix · Washington ex rel. Edwards v. Heimann · Thorns v. Sundance Properties
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 25 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“[1] The relationship of the borrower’s primary occupation to the acquisition. The more closely related, the more likely it is to be business purpose. [2] The degree to which the borrower will personally manage the acquisition. The more personal involvement there is, the more likely it is to be business purpose. [3] The ratio of income from the acquisition to the total income of the borrower. The higher the ratio, the more likely it is to be business purpose. [4] The size of the transaction. The larger the transaction, the more likely it is to be business purpose. [5] The borrower’s statement of purpose for the loan.”
2 later decisions quote this exact passage · from the majority“In determining whether credit to finance an acquisition — such as securities, antiques, or art — is primarily for business or commercial purposes (as opposed to a consumer purpose), the following factors should be considered: (1) The relationship of the borrower’s primary occupation to the acquisition. The more closely related, the more likely it is to be business purpose. (2) The degree to which the borrower will personally manage the acquisition. The more personal involvement there is, the more likely it is to be business purpose. (3) The ratio of income from the acquisition to the total income of the borrower. The higher the ratio, the more likely it is to be business purpose. (4) The size of the transaction. The larger the transaction, the more likely it is to be business purpose. (5) The borrower’s statement of purpose for the loan.”
1 later decision quote this exact passage · from the majority“Credit transactions involving extensions of credit primarily for business, commercial, or agricultural purposes, or to government or governmental agencies or instrumentalities, or to organizations.”
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.