Legal Opinion
Federal Deposit Insurance v. Francisco Investment Corp.
Court of Appeals for the First Circuit
Decided May 1, 1989No. Nos. 86-1717, 87-1029PublishedCited by 2 opinions
1Opinion of the Court
TORRUELLA, Circuit Judge.
These cases, related only coincidentally on the facts, come to us on appeal in very different postures. The first case hinges on whether the suit was barred by the applicable statute of limitations and whether the district court was clearly erroneous in determining that the debt had not been paid. The second requires us to determine whether the district court abused its discretion in refusing to set aside a default judgment. We address each case separately.
The judgment in the first case is affirmed, because the record, as developed before us, leaves no alternative.…
2Cases cited5 opinions
- Shepard Claims Service, Inc. v. William Darrah & Associates, a Foreign CorporationCourt of Appeals for the Sixth Circuit · 1986
- Bond Leather Co., Inc. v. Q.T. Shoe Mfg. Co., Inc. And Martin S. Nadler, Bond Leather Co., Inc. v. Q.T. Shoe Mfg. Co., Inc., Melvin Nadler, Inc.Court of Appeals for the First Circuit · 1985
- Erick Rios Bridoux v. Eastern Air Lines, IncCourt of Appeals for the D.C. Circuit · 1954
- Henry C. Taylor v. Boston and Taunton Transportation Co.Court of Appeals for the First Circuit · 1983
- Federal Deposit Insurance v. Francisco Investment Corp.District Court, D. Puerto Rico · 1986
3Cited by2 opinions
- J. Slotnik Co. v. Clemco IndustriesDistrict Court, D. Massachusetts · 1989
- Federal Deposit Insurance Corporation, Etc. v. Francisco Investment Corporation, Appeal of Frederick J. Gonzalez, Federal Deposit Insurance Corporation v. Francisco Investment CorporationCourt of Appeals for the First Circuit · 1989