Legal Opinion
Federal Deposit Insurance Corp. v. G. III Investments, Ltd.
Missouri Court of Appeals
Decided October 11, 1988No. Nos. WD 40240, WD 40241PublishedCited by 6 opinions
1Opinion of the Court
CLARK, Presiding Judge.
The Federal Deposit Insurance Corporation as liquidating and receiving officer for Farmers and Merchants Bank of Huntsville brought this suit in the stead of the bank for breach of contract against G. Ill Investments, G.W. Sparks III and Freída Barbour, insurance brokers, for failure to obtain an insurance policy on property mortgaged to the bank. The issue in the case involves the principles of contract liability to a third party beneficiary of the contract.
Shorn of numerous facts not relevant to the questions on appeal, the origin of the case may be summarized as…
2Cases cited8 opinions
- Bandag of Springfield, Inc. v. Bandag, Inc.Missouri Court of Appeals · 1983
- Terre Du Lac Ass'n v. Terre Du Lac, Inc.Missouri Court of Appeals · 1987
- Laclede Investment Corp. v. KaiserMissouri Court of Appeals · 1980
- Waynesville Security Bank v. Stuyvesant Insurance Co.Missouri Court of Appeals · 1973
- Volume Services, Inc. v. C.F. Murphy & Associates, Inc.Missouri Court of Appeals · 1983
3 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Community Bank of Trenton v. Schnuck Markets, IncorporatedCourt of Appeals for the Seventh Circuit · 2018
- Gateway Western Railway Co. v. Morrison Metalweld Process Corp.Court of Appeals for the Eighth Circuit · 1995
- Kansas City Hispanic Ass'n Contractors Enterprise v. City of Kansas CityMissouri Court of Appeals · 2009
- Bell v. Arise Virtual Solutions, Inc.District Court, W.D. Missouri · 2022
- Hilliker Corporation v. Watson Property, LLCMissouri Court of Appeals · 2022
1 more not listed; retrieve them via the Exa API.