Legal Opinion

Da Silva v. Sanders

District Court, District of Columbia

Decided November 19, 1984No. Civ. A. 83-2937PublishedCited by 22 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

CORCORAN, Senior District Judge.

A. Facts

Antonio and Maria Da Silva (plaintiffs) were principal shareholders in a District of Columbia corporation known as April in Portugal Masonry, Inc. (April in Portugal). To cover a loan, April in Portugal executed a $50,000 promissory note in favor the Riggs National Bank of Washington (Riggs). The United States Small Business Administration (SBA) and the plaintiffs guaranteed the note. The plaintiffs secured their guaranty with their personal residence. April in Portugal defaulted on the note in May 1979, and the SBA thereupon…

2Cases cited15 opinions

  1. In the Matter of Bristol Associates, Inc., Debtor. Appeal of Girard Trust BankCourt of Appeals for the Third Circuit · 1974
  2. Tpo Incorporated v. Federal Deposit Insurance Corporation, as Receiver of Eatontown National BankCourt of Appeals for the Third Circuit · 1973
  3. Nat. Newark & Essex Bank v. GiordanoNew Jersey Superior Court Appellate Division · 1970
  4. Wertz v. Richardson Heights Bank and TrustTexas Supreme Court · 1973
  5. Max Munson v. American National Bank and Trust Company of Chicago, Max Munson v. American National Bank and Trust Company of ChicagoCourt of Appeals for the Seventh Circuit · 1973

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3Cited by22 opinions

  1. Messing v. Bank of America, N.A.Court of Appeals of Maryland · 2003
  2. National Diamond Syndicate, Inc., Cross-Appellant v. United Parcel Service, Inc., Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1990
  3. Warren Finance, Inc. v. Barnett Bank of Jacksonville, NASupreme Court of Florida · 1989
  4. In Re Property Seized From RushSupreme Court of Iowa · 1989
  5. Farmers & Merchants State Bank, an Idaho Banking Corporation v. Western Bank, an Oregon Banking CorporationCourt of Appeals for the Ninth Circuit · 1988

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