Federal Land Bank of Jackson v. Kennedy

MEMORANDUM OPINION

BIGGERS, District Judge.

The present cause comes before the court on the motion of plaintiff, Federal Land Bank of Jackson, for partial summary judgment on the issue of liability against the defendants, Ottis 0. Kennedy and Lowell H. Becraft, Jr. Having considered the pleadings, memoranda, and affidavits submitted by the parties hereto, and being fully advised in the premises, the court is now in a position to rule on the motion.

I. Introduction

The Federal Land Bank of Jackson (formerly the Federal Land Bank of New Orleans) (hereinafter referred to as “FLB”) filed this action…