Legal Opinion
Federal Deposit Insurance Corp. v. Figge (In Re Figge)
United States Bankruptcy Court, C.D. California
Decided October 31, 1988No. Bankruptcy No. LA 85-07193-LF, Adv. No. 85-2416-LFPublishedCited by 35 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
LISA HILL FENNING, Bankruptcy Judge.
Introduction
Frederik and Kirsten Figge, the debtors in this chapter 7 case, owe Indian Springs State Bank (“ISSB”) $200,000.00 plus interest on account of two personal loans made to them by ISSB in 1982. The Federal Deposit Insurance Corporation (“FDIC”) is now the receiver for ISSB, which was declared insolvent in 1984. The FDIC filed a timely complaint to determine that the Figges’ debt to ISSB is nondischargeable.
The FDIC alleges that the Figges intentionally deceived ISSB into making loans in three ways:. (1) the financial…
2Cases cited16 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
- Gleason v. ThawSupreme Court of the United States · 1915
- In Re John Houtman and Gladys Irene Houtman, Bankrupts. John Houtman and Gladys Irene Houtman v. Edgar F. Mann and Edna M. Mann, Creditors-AppelleesCourt of Appeals for the Ninth Circuit · 1978
- In the Matter of Ben F. Garman, Bankrupt. The Northern Trust Company v. Ben F. GarmanCourt of Appeals for the Seventh Circuit · 1980
11 more not listed; retrieve them via the Exa API.
3Cited by35 opinions
- Gertsch v. Johnson & Johnson, Finance Corp. (In Re Gertsch)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1999
- Berr v. Federal Deposit Insurance Corp. (In Re BERR)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1994
- Federal Deposit Insurance Corp. v. Calhoun (In Re Calhoun)District Court, District of Columbia · 1991
- Insouth Bank v. Michael (In Re Michael)United States Bankruptcy Court, W.D. Tennessee · 2001
- Yarbrow v. Federal Deposit Insurance (In Re Yarbrow)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1993
30 more not listed; retrieve them via the Exa API.