Legal Opinion
Valley National Bank v. Abdnor
Court of Appeals for the Tenth Circuit
Decided November 6, 1990No. 89-1078PublishedCited by 2 opinions
1Opinion of the Court
THEIS, District Judge.
Plaintiff Valley National Bank (“the Bank” or “VNB”) appeals from a judgment rendered after a bench trial. The dispute involves the refusal of defendant Small Business Administration (“SBA”) to purchase its guaranteed portion of a defaulted loan. Our jurisdiction is conferred by 28 U.S.C. § 1291. We affirm.
I
The agreement between the parties was made pursuant to the SBA’s authority under 15 U.S.C. § 636 to participate in guaranteed loans to small businesses that would otherwise be unable to secure a loan from a lending institution. Upon approval of a loan, the SBA will…
2Cases cited8 opinions
- United States v. United States Gypsum Co.Supreme Court of the United States · 1948
- Chaparral Resources, Inc. v. Monsanto Co.Court of Appeals for the Tenth Circuit · 1988
- Louis F. Cavic, Jr., Plaintiff-Appellee/cross-Appellant v. Pioneer Astro Industries, Inc., Defendant-Appellant/cross-AppelleeCourt of Appeals for the Tenth Circuit · 1987
- Amoco Production Company, a Delaware Corporation v. Western Slope Gas Company, a Colorado CorporationCourt of Appeals for the Tenth Circuit · 1985
- Deboer Construction, Inc., Plaintiff-Appellee-Appellant v. Reliance Insurance Company and the Insurance Center, Inc., Defendants-Appellants-AppelleesCourt of Appeals for the Tenth Circuit · 1976
3 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- G. Kevin Jones v. Manuel Lujan, Secretary of the Interior. Sub. Nom. Donald P. Hodel, Defendant-RespondentCourt of Appeals for the Tenth Circuit · 1993
- Valley National Bank v. James AbdnorCourt of Appeals for the Tenth Circuit · 1990