K. Dale Wissman, Sheryll Wissman v. Pittsburgh National Bank
Court of Appeals for the Fourth Circuit
1Opinion of the Court
OPINION
K.K. HALL, Circuit Judge:
K. Dale Wissman and Sheryl Wissman appeal the district court’s dismissal of their civil action against Pittsburgh National Bank (“Pittsburgh National”). We reverse and remand.
I
Several years before the initiation of this action, Mr. Wissman had been vice-president and chief financial officer of Alamco, an oil and gas business. During his employment with Alamco, the Wissmans obtained large personal loans from Pittsburgh National, Alamco’s largest creditor. In December 1985, the Wissmans pledged 260,000 shares of stock they owned in Alamco as collateral for a…
2Cases cited9 opinions
- Osborn v. Bank of United StatesSupreme Court of the United States · 1824
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- In re SmithCourt of Appeals for the Seventh Circuit · 1981
- Peter C. Augustine and Nancy L. Augustine v. United States of America, United States Department of Agriculture, Farmers Home AdministrationCourt of Appeals for the Third Circuit · 1982
- Kretzer v. DFW Federal Credit Union (In Re Kretzer)United States Bankruptcy Court, D. Nevada · 1985
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