Legal Opinion
Santopadre v. Pelican Homestead & Savings Ass'n
Court of Appeals for the Fifth Circuit
Decided August 7, 1991No. Nos. 90-3622 and 90-3845PublishedCited by 17 opinions
1Opinion of the Court
DUHÉ, Circuit Judge.
The builders of a hotel sued a bank that assumed the assets and liabilities of their insolvent lender after the lender was placed in receivership. The district court granted summary judgment in favor of the successor bank, holding that (1) unliquidated litigation liabilities against the insolvent bank had ceased to exist except against FSLIC as receiver; (2) the parties must honor the terms of settlement agreements signed before the lender became insolvent; and (3) under the settlement agreements, the builders had forfeited all ownership interest in the property. When the…
2Cases cited15 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Chick Kam Choo v. Exxon Corp.Supreme Court of the United States · 1988
- Trevino v. Celanese Corp.Court of Appeals for the Fifth Circuit · 1983
10 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Baris v. Sulpicio Lines, Inc.Court of Appeals for the Fifth Circuit · 1996
- In Re GrimmUnited States Bankruptcy Court, E.D. Virginia · 1994
- Nissan v. Weiss (In Re Weiss)United States Bankruptcy Court, S.D. New York · 1999
- Hildebrand v. Kugler (In Re Kugler)United States Bankruptcy Court, E.D. Virginia · 1994
- Santopadre v. Pelican Homestead & Savings Ass'nDistrict Court, E.D. Louisiana · 1992
12 more not listed; retrieve them via the Exa API.