Legal Opinion

Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Woodside Construction, Inc., an Alaska Corporation

Court of Appeals for the Ninth Circuit

Decided November 6, 1992No. 91-36234PublishedCited by 10 opinions

1Opinion of the Court

HUG, Circuit Judge:

This case arose when Donald Galt signed a deed of trust note twice and signed a contract of guaranty twice. The FDIC claims that Galt is liable for $912,000, first because he signed the note as an endorser or, alternately, because he signed the contract of guaranty as a guarantor. Galt claims that all of his signatures were in a representative capacity and that he did not sign individually as an endorser or as a guarantor. The FDIC maintains that one of the signatures on the note and one of the signatures on the contract of guaranty were signed in Galt’s individual…

2Cases cited4 opinions

  1. Fu-Kong Tzung Jean Tzung v. State Farm Fire and Casualty Company, and Does 1 Through 100, InclusiveCourt of Appeals for the Ninth Circuit · 1989
  2. Federal Deposit Insurance Corporation, as Receiver for Penn Square Bank, N.A. v. Bank of San FranciscoCourt of Appeals for the Ninth Circuit · 1987
  3. In Re Verco IndustriesCourt of Appeals for the Ninth Circuit · 1983
  4. Federal Deposit Insurance Corporation v. Tennessee Wildcat Services, Inc.Court of Appeals for the Sixth Circuit · 1988

3Cited by10 opinions

  1. Turner v. TerryMississippi Supreme Court · 2001
  2. American International Enterprises, Inc. v. Federal Deposit Insurance CorporationCourt of Appeals for the Ninth Circuit · 1993
  3. Feder v. Lazar (In re Lazar)Court of Appeals for the Ninth Circuit · 1996
  4. American International Enterprises, Inc. v. Federal Deposit InsuranceCourt of Appeals for the Ninth Circuit · 1993
  5. Choy v. Ribeiro CA3California Court of Appeal · 2020

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