William Castleberry v. Goldome Credit Corp.
Court of Appeals for the Eleventh Circuit
1Opinion of the Court
GIBSON, Circuit Judge:
Goldome Credit Corporation and the FDIC appeal from the district court’s order holding them hable to indemnify Dai-wa Finance Corporation for its attorneys’ fees incurred in defending itself against the claims in Castleberry v. Goldome Credit Corp., 969 F.Supp. 705 (M.D.Ala.1997). 1 Daiwa’s indemnity claim against Goldome was based on a loan portfolio sale agreement in which (1) Daiwa bought a portfolio of loans from Goldome and (2) Goldome agreed to indemnify and defend Daiwa against any claim arising out of the origination of loans within the loan portfolio and filed…
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