Legal Opinion
Aguilar v. Valley Federal Savings Bank (In re Aguilar)
United States Bankruptcy Court, D. New Mexico
Decided January 10, 1989No. Bankruptcy No. 11-88-00446 R A; Adv. No. 88-0106Published
1Opinion of the Court
MEMORANDUM OPINION
STEWART ROSE, Chief Judge.
BACKGROUND
This lawsuit was originally filed in State Court on July 7, 1987. The plaintiffs, Tony and Roxann Aguilar, filed their Chapter 11 petition on February 25, 1988. The suit was removed to the Bankruptcy Court on April 28, 1988 by defendant Valley Federal Savings Bank. Defendant Fred Sanders, a former officer of Valley, has filed his own Chapter 7 petition.
Before the Court today is a motion for summary judgment filed by Valley. The controversy arises from the sale and financing of a restaurant and liquor license in Artesia, New Mexico in the…
2Cases cited3 opinions
- Slide-A-Ride of Las Cruces, Inc. v. Citizens BankNew Mexico Supreme Court · 1987
- Melson v. Bank of New MexicoNew Mexico Supreme Court · 1958
- Fidelity National Bank v. Lobo Hijo Corp.New Mexico Court of Appeals · 1979