Legal Opinion
Federal Deposit Insurance Corp. v. Texas Bank of Garland
Texas Court of Appeals, 5th District (Dallas)
Decided August 30, 1989No. 05-88-01451-CVPublishedCited by 8 opinions
1Opinion of the Court
OVARD, Justice.
Texas Bank of Garland (TBG) sued Commerce Bank Plano (CBP) for wrongful dishonor of a written instrument, entitled “Irrevocable Letter of Credit Number 0056” (LOC) and signed by Sam Thomas as chief executive officer and chairman of the board of CBP. The Federal Deposit Insurance Corporation (FDIC) intervened after being appointed receiver for CBP. TBG and the FDIC both moved for summary judgment. The trial court granted TBG’s motion for summary judgment, from which the FDIC appeals. The FDIC contends that the trial court erred, as a matter of law, in granting TBG’s motion for…
2Cases cited15 opinions
- Nixon v. Mr. Property Management Co.Texas Supreme Court · 1985
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- MMP, Ltd. v. JonesTexas Supreme Court · 1986
- La Sara Grain Co. v. First National Bank of MercedesTexas Supreme Court · 1984
- Rourke v. GarzaTexas Supreme Court · 1975
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3Cited by8 opinions
- Columbia Hospital for Women Foundation, Inc. v. Bank of Tokyo-Mitsubishi, Ltd.District Court, District of Columbia · 1997
- Campbell v. CD Payne & Geldermann SEC., Texas Court of Appeals, 7th District (Amarillo)1995
- Agri Export Cooperative v. Universal Savings Ass'nDistrict Court, S.D. Texas · 1991
- Austin Area Teachers Federal Credit Union v. First City Bank-Northwest Hills, N.A.Court of Appeals of Texas · 1992
- Steinke v. P5 Solutions, Inc.District of Columbia Court of Appeals · 2022
3 more not listed; retrieve them via the Exa API.