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[Download] "Warren v. Manufacturers National Bank of Detroit" by United States Court Of Appeals For The Sixth Circuit * eBook PDF Kindle ePub Free

Warren v. Manufacturers National Bank of Detroit

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eBook details

  • Title: Warren v. Manufacturers National Bank of Detroit
  • Author : United States Court Of Appeals For The Sixth Circuit
  • Release Date : January 16, 1985
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 67 KB

Description

The Racketeer Influenced and Corrupt Organization Act ("RICO"), 18 U.S.C. §Â§ 1961-1968, once again raises its complications in this civil dispute. Plaintiff, Harold Warren, brought this action in his individual capacity as creditor, sole shareholder, and chairman of the board of Paragon Steel Corporation ("Paragon"), claiming that Paragon was defrauded by defendant, Manufacturers National Bank of Detroit, by substantial overcharge of represented interest on a loan of several million dollars. The trial court held, however, that plaintiff, in his individual capacity, was not a proper party to pursue such an action, and accordingly dismissed the complaint.


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