First Indiana Bank, a Federal Savings Bank v. David J. Baker
Court of Appeals for the First Circuit
1Opinion of the Court
COFFEY, Circuit Judge.
On January 15, 1991, the district court entered a Rule 54(b) judgment granting First Indiana Bank’s motion for summary judgment, holding that David J. Baker was liable for Cardinal Industries, Inc.’s, 1 default on a loan payment because Baker was a guarantor of the loan. Baker appeals the entry of judgment against him in the amount of $618,475.84. We affirm.
I.FACTS
Cardinal Industries applied for and received a loan from First Indiana Bank in the amount of $501,500 on December 16, 1982. At the time, in exchange for the loan, Cardinal executed a promissory note in favor of…
2Cases cited5 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- United States v. Marvin BerkowitzCourt of Appeals for the Seventh Circuit · 1991
- Loudermilk v. CaseyIndiana Court of Appeals · 1982
- Vanek v. Indiana National BankIndiana Court of Appeals · 1989
- Vanek v. Indiana National BankIndiana Supreme Court · 1990
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