Legal Opinion
Federal Deposit Insurance Corporation v. World University Inc., Santa Barbara Center Corporation
Court of Appeals for the First Circuit
Decided October 22, 1992No. 92-1389PublishedCited by 357 opinions
1Opinion of the Court
STAHL, Circuit Judge.
In this appeal, defendant-appellant Santa Barbara Corporation (“Santa Barbara”) challenges the district court’s entry of summary judgment in favor of plaintiff-appel-lee Federal Deposit Insurance Corporation (“the FDIC”). Finding no error in the district court’s ruling, we affirm.
BACKGROUND
On September 10, 1975, Santa Barbara obtained a $90,000 loan from Banco Central, a Puerto Rico bank. Santa Barbara used the proceeds of the loan to purchase real property in the municipality of Bayamon, Puerto Rico (“the Bayamon property”). In exchange for the loan, Santa Barbara issued…
2Cases cited18 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- United States v. Ilario M.A. ZanninoCourt of Appeals for the First Circuit · 1990
- Milissa Garside v. Osco Drug, Inc.Court of Appeals for the First Circuit · 1990
- White v. New Hampshire Department of Employment SecuritySupreme Court of the United States · 1982
- James L. McCoy Administrator of the Electrical Workers Trust Funds, Etc. v. Massachusetts Institute of TechnologyCourt of Appeals for the First Circuit · 1991
13 more not listed; retrieve them via the Exa API.
3Cited by357 opinions
- Pacific Insurance Company v. American National Fire Insurance Company, Rail Link, IncorporatedCourt of Appeals for the Fourth Circuit · 1998
- Sault Ste. Marie Tribe of Chippewa Indians v. EnglerCourt of Appeals for the Sixth Circuit · 1998
- Marie v. Allied Home Mortgage Corp.Court of Appeals for the First Circuit · 2005
- Data General Corp. v. Grumman Systems Support Corp.Court of Appeals for the First Circuit · 1994
- Roger Miller Music, Inc., and Mary A. Miller, Plaintiffs-Appellants/cross-Appellees v. Sony/atv Publishing, Llc, Defendant-Appellee/cross-AppellantCourt of Appeals for the Sixth Circuit · 2007
352 more not listed; retrieve them via the Exa API.