Legal Opinion
Federal Deposit Insurance v. Hughes Development Co.
District Court, D. Minnesota
Decided April 12, 1988No. Civ. 4-87-223PublishedCited by 12 opinions
1Opinion of the Court
ORDER
DOTY, District Judge.
This case comes before the Court on a motion for summary judgment by plaintiff Federal Deposit Insurance Corporation (“FDIC”) and a cross motion for partial summary judgment by the defendants Hughes Development Company, Inc. (“HDCI”), Francis R. Hughes (“Mr. Hughes”), and Bernadette J. Hughes (“Mrs. Hughes”).
FACTUAL BACKGROUND
In 1982, Mr. Hughes and Guaranty State Bank of St. Paul (“Bank”) executed a Combination Note, Security Agreement and Disclosure (“Cathedral Court Note”) in the amount of $300,000 on behalf of HDIC. Mr. Hughes intended to use the proceeds to…
2Cases cited18 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
- Huntington v. AttrillSupreme Court of the United States · 1892
- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Richard M. WoodCourt of Appeals for the Sixth Circuit · 1985
- Eugene Roosevelt Powers and Lila Virginia Powers v. Sims and LevinCourt of Appeals for the Fourth Circuit · 1976
13 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Trigo v. Federal Deposit Insurance Corporation Fdic)Court of Appeals for the Eleventh Circuit · 1988
- Shepeard v. Quality Siding & Window Factory, Inc.District Court, D. Delaware · 1990
- Thorp Loan & Thrift Co. v. Buckles (In Re Buckles )United States Bankruptcy Court, D. Minnesota · 1995
- Comeau v. RuppDistrict Court, D. Kansas · 1991
- King v. LONG BEACH MORTGAGE COMPANYDistrict Court, D. Massachusetts · 2009
7 more not listed; retrieve them via the Exa API.