Legal Opinion
Federal Deposit Insurance v. Woolard
Court of Appeals for the Fifth Circuit
Decided December 15, 1989No. 88-7038PublishedCited by 1 opinion
1Opinion of the Court
EDITH H. JONES, Circuit Judge:
This is a suit on a written guaranty. The Federal Deposit Insurance Corporation (“FDIC”) brought this action against the seven members of the Board of Trustees of Midland Christian School in their individual capacities, seeking to recover the balance owing upon a promissory note executed by the school. The district court found that the trustees had guaranteed the school’s debt in a unique document titled “Addendum to Midland Christian School Guaranty” and held them jointly and severally liable for the balance due. Having determined that the trustees’ limited…
2Cases cited18 opinions
- Coker v. CokerTexas Supreme Court · 1983
- Harris v. RoweTexas Supreme Court · 1979
- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Richard M. WoodCourt of Appeals for the Sixth Circuit · 1985
- Federal Deposit Insurance Corporation v. P.L.M. International, Inc., Antonio Melendez and Martha MelendezCourt of Appeals for the First Circuit · 1987
- Federal Deposit Insurance Corp., in Its Corporate Capacity v. Cardinal Oil Well Servicing Co., Inc., Jim Cardinal, Don H. Wilson and Paul ConditCourt of Appeals for the Fifth Circuit · 1988
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3Cited by1 opinion
- Federal Deposit Insurance Corporation v. Jimmie WoolardCourt of Appeals for the Fifth Circuit · 1989