Legal Opinion
Garner v. Pearson
Court of Appeals for the Eleventh Circuit
Decided May 21, 1984No. 82-5746PublishedCited by 9 opinions
1Opinion of the Court
GODBOLD, Chief Judge:
This case involves the propriety of a grant of partial summary judgment entered in favor of the liquidators of a failed Bahamian bank against three' of its former officers and control persons who used bank funds to purchase stock for their own accounts without repaying the bank. We affirm.
I. Background
Defendants Tazwell W. Pearson, Robert N. Bussey, and Donald R. Baker established the British-American Bank, Ltd., (B-A Bank) in Nassau in 1966. In 1972 the Bahamas Supreme Court placed B-A Bank in compulsory liquidation and appointed Bernard Gadd as the bank’s first…
2Cases cited11 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Murray Stein v. Reynolds Securities, Inc.Court of Appeals for the Eleventh Circuit · 1982
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Quality Foods De Centro America, S.A. And Duroparts De El Salvador, S.A. v. Latin American Agribusiness Development Corporation, S.A.Court of Appeals for the Eleventh Circuit · 1983
6 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Eduardo Denis v. Liberty Mutual Insurance Company, Etc.Court of Appeals for the Eleventh Circuit · 1986
- Alna Capital Associates v. William WagnerCourt of Appeals for the Eleventh Circuit · 1985
- Garcia v. Public Health Trust of Dade CountyCourt of Appeals for the Eleventh Circuit · 1988
- Vlachos v. M/V PROSODistrict Court, D. Maryland · 1986
- Garcia v. Public Health TrustCourt of Appeals for the Eleventh Circuit · 1988
4 more not listed; retrieve them via the Exa API.