Marchman v. NCNB Texas National Bank
New Mexico Supreme Court
1Opinion of the Court
OPINION
FRANCHINI, Justice.
The lawsuit underlying this appeal and cross-appeal was filed in the First Judicial District by a Texas Corporation; a New Mexico corporation owning all the stock of the Texas corporation; and two shareholders of the New Mexico corporation, one of whom was the president of both corporations. The complaint alleged that a Texas bank had acquired a promissory note executed by the Texas corporation, and, after assuring the corporation that it would work out a mutually agreeable long-term amortization of the debt, the bank wrongfully attached the Texas corporation’s…
2Cases cited86 opinions
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- Gulf Oil Corp. v. GilbertSupreme Court of the United States · 1947
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- Insurance Corp. of Ireland v. Compagnie Des Bauxites De GuineeSupreme Court of the United States · 1982
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