Legal Opinion
Sunwest Bank of Clovis, N.A. v. Clovis
New Mexico Supreme Court
Decided July 29, 1987No. Nos. 16707, 16708, 16710 and 16753PublishedCited by 4 opinions
1Opinion of the Court
OPINION
RANSOM, Justice.
This controversy arises out of a default by ethanol plant developers under an industrial revenue bond issue. In separate actions consolidated on appeal, Sunwest Bank of Clovis (Sunwest Bank), as trustee for the City of Clovis (City), brought a declaratory judgment action against Titan Energy Engineering, Inc. (Titan), and against Clovis II, Clovis III, Clovis IV and New Mexico Ethanol Producers (partnerships) seeking a declaration that the lease and development agreement (lease) between the City and the original developer was terminated due to default in payments. Titan…
2Cases cited20 opinions
- McGraw Company, a Corporation v. Preformed Line Products Company, a CorporationCourt of Appeals for the Ninth Circuit · 1966
- Quintana v. New Mexico Department of CorrectionsNew Mexico Supreme Court · 1983
- Patterson v. Globe American Casualty Co.New Mexico Court of Appeals · 1984
- Davis v. SchiessWyoming Supreme Court · 1966
- Martin v. Board of Education of City of AlbuquerqueNew Mexico Supreme Court · 1968
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3Cited by4 opinions
- United States v. Agri Services, Inc.Court of Appeals for the Tenth Circuit · 1996
- Guaranty National Insurance v. ValdezNew Mexico Supreme Court · 1988
- Springer v. SoddNew Mexico Court of Appeals · 2010
- United States v. Agri Services, Inc., and Four Way Cattle Co., Inc., Arlene Daniels, Robert L. Odle, Sharon Odle, and Ronald D. Garnett, United States of America v. Four Way Cattle Co., Inc., and Arlene Daniels, and Robert L. Odle, Agri Services, Inc., Sharon Odle, and Ronald D. GarnettCourt of Appeals for the Tenth Circuit · 1996