James N. And Betty G. Bowen v. Federal Deposit Insurance Corporation, as Receiver for First Republicbank--El Paso
Court of Appeals for the First Circuit
1Opinion of the Court
GOLDBERG, Circuit Judge:
The Federal Deposit Insurance Corporation (the “FDIC” or “Corporation”), as receiver for First RepublicBank — El Paso (“the Bank”), appeals from a $403,793 judgment in favor of James and Betty Bowen. The Bowens allege that the Bank reneged on a loan officer’s oral promise to extend a loan to their firm, Bowen Industries, Inc. (“BII”). As a result of the Bank’s failure to make the loan, which was intended to enable BII to pay delinquent payroll taxes, the IRS assessed the Bowens personally, leading to the damages they claim here. The Bowens’ claims against the Bank are…
2Cases cited7 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Harold v. Beighley v. Federal Deposit Insurance Corporation, Etc.Court of Appeals for the Fifth Circuit · 1989
- Federal Deposit Insurance Corp. v. Henry E. McClanahanCourt of Appeals for the Fifth Circuit · 1986
- Federal Savings And Loan Insurance Corporation v. MurrayCourt of Appeals for the Fifth Circuit · 1988
- First State Bank of Wayne County, Kentucky (Formerly City and County Bank of Wayne County) v. The City and County Bank of Knox County, TennesseeCourt of Appeals for the First Circuit · 1989
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3Cited by131 opinions
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- Timberland Design, Inc. And William C. Barnsley v. First Service Bank for SavingsCourt of Appeals for the First Circuit · 1991
- Federal Deposit Insurance Corporation, as Receiver of Union National Bank of Chicago v. Lillian Wright, Also Known as Lillian Wright LawlerCourt of Appeals for the Seventh Circuit · 1991
- Texas Refrigeration Supply, Inc. v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1992
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