Federal Deposit Insurance Corporation v. Associated Nursery Systems, Inc., S. Frank Guinn, Jr.
Court of Appeals for the Sixth Circuit
1Opinion of the Court
DOWD, District Judge.
I. INTRODUCTION.
This case is before the Court on appeal from the district court’s grant of summary judgment in favor of plaintiff-appellee, the Federal Deposit Insurance Corporation (“FDIC”). The FDIC brought suit against defendant-appellant S. Frank Guinn, Jr. (“Guinn”) and Associated Nursery Systems, Inc. (“Associated Nursery”) on May 26, 1989 to collect amounts due on a $1.5 million promissory note. Associated Nursery was the principal debtor on the promissory note, and Guinn was a guarantor of Associated Nursery’s debt.
On August 8, 1990, the district court granted the…
2Cases cited10 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Richard M. WoodCourt of Appeals for the Sixth Circuit · 1985
- Farmers-Peoples Bank v. ClemmerTennessee Supreme Court · 1975
- Mary Ann Kelly v. Railroad Retirement BoardCourt of Appeals for the Third Circuit · 1980
- Federal Deposit Insurance Corporation, in Its Corporate Capacity, Plaintiff v. James H. Petersen, Henry Heidtbrink, and Jerry R. DunnCourt of Appeals for the Tenth Circuit · 1985
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