Federal Deposit Insurance v. Royal Park No. 14, Ltd.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
DeMOSS, Circuit Judge:
I
On November 1, 1985, Royal Park No. 14, Ltd., Royal Park No. 20, Ltd., Royal Park Development Corporation, Inc., G.R. Hay and William G. Jones, Jr. (Royal Park) executed and delivered a promissory note to the Bank of Dallas. Hay and Jones also executed and delivered a guaranty agreement under which they guaranteed payment of the original note and any extensions and renewals. The note was secured by a deed of trust.
Royal Park borrowed the money from the Bank of Dallas to construct a building that it planned to lease. Royal Park claims that the Bank of Dallas did not fund…
2Cases cited17 opinions
- Heckler v. Community Health Services of Crawford County, Inc.Supreme Court of the United States · 1984
- English v. FischerTexas Supreme Court · 1983
- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Jack H. Harrison and Frederick G. RixeyCourt of Appeals for the Eleventh Circuit · 1984
- Tarrant Savings Association v. Lucky Homes, Inc.Texas Supreme Court · 1965
- Juan Santoni, Jr. v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1982
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