Federal Deposit Insurance Corporation, in Its Corporate Capacity, a Corporate Agency of the United States Government v. Richard J. Nanula
Court of Appeals for the Seventh Circuit
1Opinion of the Court
COFFEY, Circuit Judge.
Defendant-appellant Richard J. Nanula appeals the district court’s grant of summary judgment in favor of the plaintiff-ap-pellee, Federal Deposit Insurance Corporation (“FDIC”). The district court found Nanula liable to the FDIC in the amount of $148,545.19 based on a loan assumption agreement and a limited partnership agreement Nanula executed while a limited partner in the Wellspring Barge Limited Partnership (“WBLP”), which subsequently assigned the contracts to the FDIC. We affirm.
I
The WBLP partnership, whose business consisted of the operation of grain barges on the…
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