WAMCO, III, Ltd. v. First Piedmont Mortgage Corp.
District Court, E.D. Virginia
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
PAYNE, District Judge.
WAMCO, III, Ltd. instituted this action against First Piedmont Mortgage Corp., Dale S. White and William M. Bethea as makers of a note in the face amount of $500,000 (the “Note”) and against White and Bethea as guarantors of the Note. WAMCO alleges that the Note is in default and that the amount due, including interest and late charges, is $632,269.63. The defendants have moved for dismissal under Fed.R.Civ.P. 12(b)(6) on the ground that the claim is barred by Virginia’s five year statute of limitations on written contracts. Va.Code Ann. §…
2Cases cited32 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Freytag v. CommissionerSupreme Court of the United States · 1991
- Fayetteville Investors v. Commercial Builders, Incorporated American Casualty Company of Reading, Pennsylvania, Inc.Court of Appeals for the Fourth Circuit · 1991
- Federal Deposit Insurance Corporation, Plaintiff-Counter v. Roy William Bledsoe, Defendant-Counter Claimant-AppelleeCourt of Appeals for the Fifth Circuit · 1993
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- Federal Financial Company v. Michael T. Hall, Trustee Michael T. HallCourt of Appeals for the Fourth Circuit · 1997
- Union Recovery Ltd. Partnership v. HortonSupreme Court of Virginia · 1996
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