Legal Opinion
The Meadow Brook National Bank v. John B. Massengill
Court of Appeals for the Fifth Circuit
Decided June 9, 1970No. 26604PublishedCited by 7 opinions
1Opinion of the Court
WISDOM, Circuit Judge.
This diversity case turns on the Louisiana law governing the liability of endorsers liable in solido 1 with the maker of a mortgage note. Here the endorsers contend they are released from liability because: the creditor released the principal debtor; they received no demand for payment or notice to appoint appraisers in the executory foreclosure sale; and the note was usurious. We agree with the district judge that the creditor properly and effectively reserved his rights against the endorsers; that the endorsers received all the notice and demand to which they were…
2Cases cited20 opinions
- Danks v. MaherLouisiana Court of Appeal · 1965
- Meadow Brook National Bank v. RecileDistrict Court, E.D. Louisiana · 1969
- Lubbock Hotel Co. v. Guaranty Bank & Trust Co.Court of Appeals for the Fifth Circuit · 1935
- Gumina v. DupasLouisiana Court of Appeal · 1965
- Central Sav. Bank & Trust Co. v. Oilfield Supply & Scrap Material Co.Supreme Court of Louisiana · 1943
15 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Federal Deposit Insurance Corporation, as Liquidator for the Hamilton National Bank of Chattanooga v. Lattimore Land CorporationCourt of Appeals for the Fifth Circuit · 1981
- Exchange National Bank of Chicago v. SpalittaSupreme Court of Louisiana · 1975
- WHITNEY NATIONAL BANK OF NEW ORLEANS v. DERBESLouisiana Court of Appeal · 1983
- Whitney Nat. Bank of New Orleans v. DerbesLouisiana Court of Appeal · 1983
- Bowl-Opp, Inc. v. LarsonDistrict Court, E.D. Louisiana · 1971
2 more not listed; retrieve them via the Exa API.