Legal Opinion

Stokors S.A., Mission Bank v. Richard E. Morrison

Court of Appeals for the Eighth Circuit

Decided August 12, 1998No. 97-2121PublishedCited by 26 opinions

1Opinion of the Court

MAGILL, Circuit Judge.

Richard Morrison owed a judgment of $4,167,540.07, plus interest, to Stokors S.A. and the Mission Bank on a guaranty of a loan. Morrison filed a motion under Federal Rule of Civil Procedure 60(b) for satisfaction of the judgment. The district court granted Morrison’s motion, holding under Rule 60(b)(5) that it was no longer equitable that Morrison’s money judgment should have prospective application. Stokors now appeals, and we reverse.

I

On December 24, 1985, the Mission Bank loaned $3,000,000 to the Elms Inn Partners. The loan was secured by an industrial revenue bond…

2Cases cited11 opinions

  1. Cooter & Gell v. Hartmarx Corp.Supreme Court of the United States · 1990
  2. United States v. Swift & Co.Supreme Court of the United States · 1932
  3. Gerda Dorothea Deweerth v. Edith Marks Baldinger, Defendant-Third-Party-Plaintiff-Appellant, Wildenstein & Co., Inc., Third-Party-Defendant-AppellantCourt of Appeals for the Second Circuit · 1994
  4. Austin Joseph Ryan v. United States Lines CompanyCourt of Appeals for the Second Circuit · 1962
  5. Maraziti v. ThorpeCourt of Appeals for the Ninth Circuit · 1995

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

3Cited by26 opinions

  1. Coltec Industries, Inc., a Pennsylvania Corporation Four Leaf Coal Company, Inc., a Tennessee Corporation L.G. Wasson Coal Mining Corp., an Indiana Corporation v. William P. Hobgood Michael H. Holland Marty Hudson Thomas O.S. Rand Elliot A. Segal Carlton R. Sickles Gail R. Wilensky, as Trustees of the United Mine Workers of America Combined Fund United Mine Workers of America Combined Benefit Trust United States of America, Intervenor in D.C. Coltec Industries, Inc., a Pennsylvania Corporation Four Leaf Coal Company, Inc., a Tennessee Corporation L.G. Wasson Coal Mining Corp., an Indiana Corporation v. William P. Hobgood Michael H. Holland Marty Hudson Thomas O.S. Rand Elliot A. Segal Carlton R. Sickles Gail R. Wilensky, as Trustees of the United Mine Workers of America Combined Find United Mine Workers of America Combined Benefit Fund United States of America, Intervenor in D.C., Coltec Industries, Inc.Court of Appeals for the Third Circuit · 2002
  2. Arkansas Blue Cross & Blue Shield v. Little Rock Cardiology Clinic, P.A.Court of Appeals for the Eighth Circuit · 2009
  3. Leisnoi, Inc. v. Merdes & Merdes, P.C.Alaska Supreme Court · 2013
  4. FTC v. Gary HewittCourt of Appeals for the Ninth Circuit · 2023
  5. In Re Guardianship of SchiavoDistrict Court of Appeal of Florida · 2001

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