Legal Opinion
Grace-Cajun Oil Co. No. 3 v. Federal Deposit Insurance Corporation
Court of Appeals for the Fifth Circuit
Decided November 13, 1989No. 88-4481PublishedCited by 6 opinions
1Opinion of the Court
POLITZ, Circuit Judge:
Grace-Cajun Oil Company No. 3 seeks to recover from MBank, formerly Mercantile National Bank at Dallas, a creditor holding a security interest in oil and gas production proceeds, a proportionate share of certain well drilling and completion costs. The district court granted MBank’s motion for summary judgment and dismissed the complaint. For the reasons assigned we reverse and remand for further proceedings.
Background
In February 1980 Delta Energy Resources, Inc. obtained an oil, gas, and mineral lease from Louisiana Farm and Livestock Company, Inc. (LF & L) covering land…
2Cases cited14 opinions
- First Guaranty Bank v. AlfordSupreme Court of Louisiana · 1978
- Stevenson v. BrownSupreme Court of Louisiana · 1880
- Huckabay v. Texas CompanySupreme Court of Louisiana · 1955
- HEP Development Corporation v. MoutonLouisiana Court of Appeal · 1972
- Stanley v. Orkin Exterminating Co., Inc.Louisiana Court of Appeal · 1978
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3Cited by6 opinions
- Junior Money Bags, Ltd. v. SegalCourt of Appeals for the Fifth Circuit · 1992
- Bankr. L. Rep. P 74,541 in the Matter of Senior-G & a Operating Co., Inc., Debtor. Psi, Inc. Of Missouri v. H. Kent AguillardCourt of Appeals for the Fifth Circuit · 1992
- In Re Century Offshore Management CorporationCourt of Appeals for the Sixth Circuit · 1997
- K.E. Resources, Ltd. v. BMO Financial Inc.Court of Appeals for the Sixth Circuit · 1997
- Junior Money Bags, Ltd. v. SegalCourt of Appeals for the Third Circuit · 1992
1 more not listed; retrieve them via the Exa API.