Legal Opinion
Ward Petroleum Corp. v. Federal Deposit Insurance
Court of Appeals for the Tenth Circuit
Decided May 21, 1990No. 88-1813PublishedCited by 8 opinions
1Opinion of the Court
LOGAN, Circuit Judge.
Plaintiff Ward Petroleum Corporation (Ward) appeals from summary judgment in favor of defendants Federal Deposit Insurance Corporation (FDIC), as receiver for First National Bank and Trust Company of Oklahoma City (First), and Continental Illinois National Bank and Trust Company of Chicago (Continental) on Ward’s claim for wrongful dishonor of its draft under a standby letter of credit.
Ward was the operator on various oil leases, and in this capacity sold crude oil to Oklahoma Refining Company (ORC). To insure payment for these sales Ward required ORC, as the account…
2Cases cited13 opinions
- Itek Corporation v. The First National Bank of Boston, Bank Melli IranCourt of Appeals for the First Circuit · 1984
- Marino Industries Corp., Cross-Appellee v. The Chase Manhattan Bank, N.A., Cross-AppellantCourt of Appeals for the Second Circuit · 1982
- Pringle-Associated Mortgage Corporation, a Louisiana Corporation v. Southern National Bank of Hattiesburg, Mississippi, a National Banking CorporationCourt of Appeals for the Fifth Circuit · 1978
- East Girard Savings Association v. Citizens National Bank and Trust Company of BaytownCourt of Appeals for the Fifth Circuit · 1979
- Roman Ceramics Corp. v. Peoples National BankCourt of Appeals for the Third Circuit · 1983
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3Cited by8 opinions
- Berliner Handels-Und Frankfurter Bank v. East Texas Steel Facilities, Inc. (In Re East Texas Steel Facilities, Inc.)United States Bankruptcy Court, N.D. Texas · 1990
- ADA-ES, Inc. v. Big Rivers Electric CorporationDistrict Court, W.D. Kentucky · 2020
- ADA-ES, Inc. v. Big Rivers Electric CorporationDistrict Court, W.D. Kentucky · 2020
- Amerika Samoa Bank v. Pacific Reliant Industries, Inc.High Court of American Samoa · 1992
- First State Bank v. Diamond Plastics Corp.Supreme Court of Oklahoma · 1995
3 more not listed; retrieve them via the Exa API.