Legal Opinion
Allied Elevator, Inc. v. East Texas State Bank of Buna
Court of Appeals for the Fifth Circuit
Decided July 8, 1992No. 91-4434PublishedCited by 6 opinions
1Opinion of the Court
W. EUGENE DAVIS, Circuit Judge:
Appellants appeal the summary judgment the district court granted to the FDIC in its effort to collect on a note. We conclude that summary judgment was inappropriate because two issues of material fact were presented. We therefore reverse and remand.
I
On February 11, 1985, Allied Elevator, Inc. (Allied) and its owner, Bobby G. Pierce, borrowed $50,000 from East Texas State Bank of Buna, Texas (Bank) and gave the Bank a promissory note in return (the Original Note). Allied and Pierce subsequently renewed the note five times, the fifth time on May 18, 1986.
During…
2Cases cited10 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Federal Deposit Insurance Corporation v. Julio S. LaguartaCourt of Appeals for the Fifth Circuit · 1991
- Villarreal v. Laredo National Bank, Texas Court of Appeals, 4th District (San Antonio)1984
- Bernal v. Garrison, Texas Court of Appeals, 13th District1991
- Troy D. Barnett v. Petro-Tex Chemical Corporation, Robert H. Broughton v. Petro-Tex Chemical CorporationCourt of Appeals for the Fifth Circuit · 1990
5 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Bluebonnet Savings Bank v. Jones Country, Inc., Texas Court of Appeals, 9th District (Beaumont)1995
- In Re Southern Scrap Material Co., LLCDistrict Court, E.D. Louisiana · 2010
- Glinka v. Federal Deposit Insurance Co. (In Re Hawkins)United States Bankruptcy Court, D. Vermont · 1993
- Kennedy v. Lasting Paints, Inc.Court of Appeals of Maryland · 2008
- Allied Elevator, Inc. v. East Texas State Bank of BunaCourt of Appeals for the Fifth Circuit · 1992
1 more not listed; retrieve them via the Exa API.