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Duck v. Manhattan Savings Bank (In re Prime Ventures, Ltd.)

District Court, N.D. California

Decided December 29, 1986No. C-86-5219 SAW; Bankruptcy No. 4-84-03174 W; Adv. No. 485-0087 AWPublishedCited by 1 opinion

1Opinion of the Court

MEMORANDUM OF OPINION AND ORDER

WEIGEL, District Judge.

Prime Ventures, Ltd.’s trustee in bankruptcy, Charles Duck (Trustee), brought *687this action to determine the validity of two promissory notes with an outstanding balance of approximately $8.6 million held by defendant Manhattan Savings Bank (Manhattan). The notes are secured by a first deed of trust encumbering an apartment complex (Apartments) located in Houston, Texas and owned by Prime Ventures. The Trustee argues that the notes and trust deed are void because Manhattan failed to sue to foreclose the lien within the four-year period…

2Cases cited7 opinions

  1. Mercer v. Daoran Corp.Texas Supreme Court · 1984
  2. Saghi v. Walsh (In Re Gurs)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1983
  3. Workman v. RayCourt of Appeals of Texas · 1915
  4. Saghi v. Walsh (In Re Gurs)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1983
  5. Fakes v. VilvenCourt of Appeals of Texas · 1938

2 more not listed; retrieve them via the Exa API.

3Cited by1 opinion

  1. Duck v. Syntek Management, Inc.Court of Appeals for the Ninth Circuit · 1988

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