Legal Opinion

Federal Deposit Insurance Corporation v. Hoover-Morris Enterprises, Etc.

Court of Appeals for the Fifth Circuit

Decided April 15, 1981No. 80-7308PublishedCited by 66 opinions

1Opinion of the Court

GROOMS, District Judge:

This is an appeal from a summary judgment granted in favor of plaintiff Federal Deposit Insurance Corporation (FDIC) and against defendants Hoover-Morris Enterprises, a Georgia general partnership, Duane L. Hoover and Larry C. Morris. We affirm on all grounds.

On October 8,1974, appellants executed a note secured by a deed of trust in favor of Hamilton Mortgage Corporation in the amount of $325,000, due and payable on May 1,1975. The proceeds of the loan were used primarily to purchase 36.05 acres of land in Bexar County, Texas. Appellants defaulted.

In October 1975,…

2Cases cited10 opinions

  1. D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
  2. Federal Deposit Ins. Corp. v. VogelDistrict Court, E.D. Wisconsin · 1977
  3. Federal Deposit Insurance v. First Mortgage InvestorsDistrict Court, E.D. Wisconsin · 1980
  4. Hoffman v. Franklin Motor Car Co.Court of Appeals of Georgia · 1924
  5. Goodman v. NadlerCourt of Appeals of Georgia · 1966

5 more not listed; retrieve them via the Exa API.

3Cited by66 opinions

  1. Fed. Sec. L. Rep. P 98,654 William L. Gunter and Camille S. Gunter v. Theodore M. HutchesonCourt of Appeals for the Eleventh Circuit · 1982
  2. Federal Deposit Insurance Corporation v. The Merchants National Bank of MobileCourt of Appeals for the Eleventh Circuit · 1984
  3. Howell v. Continental Credit Corp.Court of Appeals for the Seventh Circuit · 1981
  4. Chatham Ventures, Inc., Scott Thompson and Laurie K. Abbott v. Federal Deposit Insurance Corporation, Chatham Ventures, Inc., Scott Thompson and Laurie K. Abbott v. Federal Deposit Insurance CorporationCourt of Appeals for the Fifth Circuit · 1981
  5. Federal Deposit Insurance Corporation v. Blue Rock Shopping Center, Inc., a Delaware Corporation. Appeal of Max Ambach and Rose AmbachCourt of Appeals for the Third Circuit · 1985

61 more not listed; retrieve them via the Exa API.

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