Legal Opinion

Thistlethwaite v. Federal Deposit Insurance (In Re Pernie Bailey Drilling Co.)

United States Bankruptcy Court, W.D. Louisiana

Decided February 28, 1990No. 16-20724PublishedCited by 13 opinions

1Opinion of the Court

MEMORANDUM OPINION

W. DONALD BOE, Jr., Bankruptcy Judge.

I. Background of FDIC’s Motion For Summary Judgment

On October 28, 1987, the Trustee for the bankruptcy estate of Pernie Bailey Drilling Company (hereinafter “Pernie Bailey” or “Debtor”) filed a complaint commencing this adversary proceeding against the First RepublicBank Fannin, N.A. (hereinafter “First RepublicBank” or “the Bank”). Count I sets forth a claim under 11 U.S.C. Sec. 510(c) for equitable subordination of the bank’s claim. Count II asserts that all collateral security agreements executed by Pernie Bailey in favor of First…

2Cases cited24 opinions

  1. D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
  2. Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
  3. City of Milwaukee v. IllinoisSupreme Court of the United States · 1981
  4. Bonded Financial Services, Inc., Debtor-Appellant v. European American BankCourt of Appeals for the Seventh Circuit · 1988
  5. Fed. Sec. L. Rep. P 98,654 William L. Gunter and Camille S. Gunter v. Theodore M. HutchesonCourt of Appeals for the Eleventh Circuit · 1982

19 more not listed; retrieve them via the Exa API.

3Cited by13 opinions

  1. Limor v. Buerger (In Re Del-Met Corp.)United States Bankruptcy Court, M.D. Tennessee · 2005
  2. Desmond v. Federal Deposit Insurance Corp.District Court, D. Massachusetts · 1992
  3. Cinco Enterprises, Inc. v. BensoSupreme Court of Oklahoma · 1999
  4. Jobin v. Resolution Trust Corp.District Court, D. Colorado · 1993
  5. Federal Deposit Insurance v. WrightCourt of Appeals for the Fifth Circuit · 1992

8 more not listed; retrieve them via the Exa API.

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