Federal Deposit Ins. Corp. v. TWT Exploration Co.

BOHANON, District Judge.

This matter is now before the court upon three separate motions for summary judgment. The plaintiff, Federal Deposit Insurance Corporation, in its corporate capacity (“Corporate FDIC”), seeks judgment as to liability on Count V of its Amended Complaint against defendant Bob Alexander, and on Count VI against defendant William A. Jenkins, on the basis of these defendants’ alleged unconditional, unlimited guarantees of $9,050,106.59 worth of indebtedness of an Oklahoma corporation, J.P. Exploration, Inc. (“J.P. Exploration”). Bob Alexander has himself filed a motion for…