Legal Opinion
Farouki v. Petra International Banking Corp
Court of Appeals for the D.C. Circuit
Decided January 25, 2013No. 11-7121PublishedCited by 7 opinions
1Opinion of the Court
Opinion for the Court filed by Circuit Judge KAVANAUGH.
KAVANAUGH, Circuit Judge:
In 1986, A. Huda Farouki personally guaranteed a loan made by Petra International Banking Corporation to American Export Group International Services, or AEGIS. But all was not well with AEGIS, which filed for bankruptcy in 1987. Although AEGIS’s bankruptcy triggered Petra’s right to sue Farouki under the terms of the Guaranty Agreement, Petra did not do so. Indeed, Petra continued administering loans to AEGIS for the next decade.
In late 2008, Farouki sued Petra in the United States District Court for the District…
2Cases cited3 opinions
- Colbert, Venita v. Potter, John E.Court of Appeals for the D.C. Circuit · 2006
- Federal Deposit Insurance Corporation, in Its Corporate Capacity, Plaintiff v. James H. Petersen, Henry Heidtbrink, and Jerry R. DunnCourt of Appeals for the Tenth Circuit · 1985
- United States v. Mark Rollinson, Edmund S. Barnett, United States of America v. Mark Rollinson, Edmund S. BarnettCourt of Appeals for the D.C. Circuit · 1989
3Cited by7 opinions
- Brit Uw, Limited v. Manhattan Beachwear, LLCDistrict Court, District of Columbia · 2017
- Gates v. District of ColumbiaDistrict Court, District of Columbia · 2014
- Naccache v. TaylorDistrict of Columbia Court of Appeals · 2013
- Farouki v. Petra International Banking CorporationDistrict Court, District of Columbia · 2013
- Farouki v. Petra International Banking CorporationDistrict Court, District of Columbia · 2014
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