Legal Opinion

American Bank & Trust of Coushatta v. Federal Deposit Insurance Corporation

Court of Appeals for the Fifth Circuit

Decided May 5, 1995No. 94-40377PublishedCited by 15 opinions

1Opinion of the Court

PATRICK E. HIGGINBOTHAM, Circuit. Judge:

The issue in this case is the meaning of “good faith” under the Civil Code of Louisiana. Particcouipants in a loan participation argue that the FDIC breached the duty of a lead bank to act in good faith. They contend that the duty of good faith is breached by gross fault, by negligence, or even by violations of the Golden Rule. The district court rejected these definitions, and found a failure of proof of malice in the record and granted summary judgment for the FDIC.-

We agree with the reasoning of the distinguished district court, and affirm.

I

In 1982,…

2Cases cited15 opinions

  1. Transcontinental Gas Pipe Line Corporation v. Transportation Insurance CompanyCourt of Appeals for the Fifth Circuit · 1992
  2. Federal Deposit Insurance Corporation v. Ernst & YoungCourt of Appeals for the Fifth Circuit · 1992
  3. Great SW Fire Ins. Co. v. CNA Ins. CompaniesSupreme Court of Louisiana · 1990
  4. Morphy, Makofsky & Masson, Inc. v. CANAL PLACE 2000Supreme Court of Louisiana · 1989
  5. Bond v. BroadwayLouisiana Court of Appeal · 1992

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3Cited by15 opinions

  1. prod.liab.rep. (Cch) P 14,222 Carl O. Brown, Jr. v. R.J. Reynolds Tobacco Company, R.J. Reynolds Tobacco CompanyCourt of Appeals for the Fifth Circuit · 1995
  2. Pellerin Construction, Inc. v. Witco Corp.District Court, E.D. Louisiana · 2001
  3. Bayerische Hypo-Und Vereinsbank AG v. Banca Nazionale Del Lavoro, S.P.A. (In Re Enron Corp.)United States Bankruptcy Court, S.D. New York · 2003
  4. America's Favorite Chicken Co. v. Cajun Enterprises, Inc.Court of Appeals for the Fifth Circuit · 1997
  5. Clark v. America's Favorite Chicken Co.District Court, E.D. Louisiana · 1996

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