Legal Opinion
Meecorp Capital Markets LLC v. Tex-Wave Industries LP
Court of Appeals for the Fifth Circuit
Decided February 6, 2008No. 07-40099UnpublishedCited by 16 opinions
1Opinion of the Court
PER CURIAM: *
A lender sought recovery on a defaulted debt. Via summary judgment, the district court awarded the lender the full amount owed from, jointly and severally, the debt- or and two guarantors. Because a fact issue remains as to whether the guarantors should be held personally liable, we reverse and remand for a determination of their liability. We also reverse the district court’s judgment on the total liability amount and remand for further proceedings to recalculate the award, crediting the amount recovered by the lender in its foreclosure sale.
I. FACTUAL & PROCEDURAL BACKGROUND
On…
2Cases cited8 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Little v. Liquid Air Corp.Court of Appeals for the Fifth Circuit · 1994
- Marian Fontenot, Etc. v. The Upjohn CompanyCourt of Appeals for the Fifth Circuit · 1986
- Crawford v. Formosa Plastics Corp.Court of Appeals for the Fifth Circuit · 2000
3 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Maynor v. Dow Chemical Co.District Court, S.D. Texas · 2009
- Cooper v. Wal-Mart Transportation, LLCDistrict Court, S.D. Texas · 2009
- D.C. v. Klein Independent School DistrictDistrict Court, S.D. Texas · 2010
- Evanston Insurance v. Lapolla Industries, Inc.District Court, S.D. Texas · 2015
- Pounds v. Katy Independent School DistrictDistrict Court, S.D. Texas · 2010
11 more not listed; retrieve them via the Exa API.