Legal Opinion

Hettinger v. Farmers & Merchants Savings Bank

Court of Appeals of Iowa

Decided December 22, 1988No. 88-210Published

1Opinion of the Court

HAYDEN, Judge.

The plaintiff, Alfred Hettinger, appeals the district court’s granting of defendant Bank’s motion for summary judgment after the court determined plaintiff's claims were compulsory counterclaims to a previous action filed by the Bank and were therefore barred in the current action. We affirm.

I

In May, 1981, the plaintiffs signed a loan guaranty agreement with the defendant, Farmers & Merchants Savings Bank of Manchester, which guaranteed a loan the Bank had with David Zirtzman. Zirtzman had given the Bank a security interest in other property to secure the loan. The Bank later…

2Cases cited5 opinions

  1. Stoller Fisheries, Inc. v. American Title Insurance Co.Supreme Court of Iowa · 1977
  2. Harrington v. Polk County Federal Savings & Loan Ass'n of Des MoinesSupreme Court of Iowa · 1972
  3. F.S. Credit Corp. v. Shear Elevator, Inc.Supreme Court of Iowa · 1985
  4. Walters v. Iowa-Des Moines National BankSupreme Court of Iowa · 1980
  5. Raymon v. Norwest Bank Marion, National Ass'nCourt of Appeals of Iowa · 1987

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