Federal Deposit Insurance Corp. v. Attayi
Texas Court of Appeals, 1st District (Houston)
1Opinion of the Court
OPINION
SAM BASS, Justice.
This is an appeal from a summary judgment. We reverse and remand.
Summary judgment evidence established the following:(1) In April 1984, Western Bank-North Wilcrest, N.A., now owned by the Federal Deposit Insurance Corporation (“F.D.I.C.”), appellant, loaned $40,000 to CanAm Parts, which was owned by Attayi, appellee, and Ryan. This transaction was secured by a $40,000 certificate of deposit.(2) In June 1984, CanAm obtained another loan, $30,000, from appellant. This loan was secured by the same certificate of deposit, as well as by a computer, a forklift and CanAm’s…
2Cases cited60 opinions
- Nixon v. Mr. Property Management Co.Texas Supreme Court · 1985
- City of Houston v. Clear Creek Basin AuthorityTexas Supreme Court · 1979
- Montgomery v. KennedyTexas Supreme Court · 1984
- Swilley v. HughesTexas Supreme Court · 1972
- Wilcox v. St. Mary's University of San Antonio, Inc.Texas Supreme Court · 1975
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3Cited by84 opinions
- Federal Deposit Insurance Corp. v. ColemanTexas Supreme Court · 1990
- Frost National Bank v. Burge, Texas Court of Appeals, 14th District (Houston)2000
- Carlisle v. Philip Morris, Inc.Court of Appeals of Texas · 1991
- Vessels v. Anschutz Corp.Court of Appeals of Texas · 1992
- Austin Hardwoods, Inc. v. Vanden Berghe, Texas Court of Appeals, 8th District (El Paso)1996
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