Legal Opinion
Federal Deposit Insurance v. Lugli
Court of Appeals for the Ninth Circuit
Decided March 31, 1987No. Nos. 86-1564, 86-1930PublishedCited by 1 opinion
1Opinion of the Court
DAVID R. THOMPSON, Circuit Judge:
The Federal Deposit Insurance Corporation (“FDIC”), as receiver for Penn Square Bank, brought this action against Russell V. Lugli and four closely-held corporations (collectively “Lugli”) to recover the unpaid balances of promissory notes. Following a jury trial, the district court entered judgment for the FDIC, and awarded it $2,174,-046.94 on the notes and $160,388.94 in attorney fees. The FDIC did not prevail, however, on its claim against Patrick Doyle, who signed one of the notes as custodian for Lugli’s minor children. At trial, Doyle established that…
2Cases cited22 opinions
- McLINN v. FJORDCourt of Appeals for the Ninth Circuit · 1984
- Stanley F. Taylor v. Burlington Northern Railroad CompanyCourt of Appeals for the Ninth Circuit · 1986
- United States v. Jude R. HayesCourt of Appeals for the Ninth Circuit · 1986
- Visa International Service Ass'n v. Bankcard Holders of AmericaCourt of Appeals for the Ninth Circuit · 1986
- Kisor v. Johns-Manville Corp.Court of Appeals for the Ninth Circuit · 1986
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3Cited by1 opinion
- Federal Deposit Insurance Corporation, as Receiver for Penn Square Bank, N.A. v. Russell v. Lugli Lugli Enterprises Feature Homes, Inc. I.C.I. Service Corporation Northwestern Consultants, Inc., Federal Deposit Insurance Corporation, as Receiver for Penn Square Bank, N.A. v. Patrick D. Doyle, as Custodian for Nikki S. Lugli and Todd LugliCourt of Appeals for the Ninth Circuit · 1987