Legal Opinion
Guaranty Bank & Trust Company v. Agrex, Incorporat
Court of Appeals for the Fifth Circuit
Decided April 28, 2016No. 15-60445PublishedCited by 6 opinions
1Per curiam
David Walker received a loan from Plaintiff-Appellee Guaranty Bank & Trust Company to produce his 2012 crop of soybeans and corn. Guaranty took a production-money security interest in Walker’s crops, and Walker--later delivered these crops to Defendant-Appellant Agrex, Incorporated, d/b/a FGDI, under a series of contracts. Because Walker failed to fulfill all of his contracts with FGDI, FGDI applied a set-off to the amount it owed Walker for his crops in order to cover its losses arising from the undelivered crops. Guaranty then filed the instant action against FGDI to recover the entire…
2Cases cited7 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Dillon v. RogersCourt of Appeals for the Fifth Circuit · 2010
- Anson McFaul v. Daniel ValenzuelaCourt of Appeals for the Fifth Circuit · 2012
- Wanda Rogers v. Bromac Title Services, L.L.C., etCourt of Appeals for the Fifth Circuit · 2014
- United States v. Handy and Harman, a New York CorporationCourt of Appeals for the Ninth Circuit · 1984
2 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Capstone Associated Services, Ltd. v. Organizational Strategies, Inc.District Court, S.D. Texas · 2019
- Moody National CI Grapevine S, L.P. v. TIC Texas Two 21, L.L.C.District Court, S.D. Texas · 2020
- Salcetti v. AIG Property Casualty CompanyDistrict Court, S.D. Texas · 2019
- Sepulvado v. O'Reilly Automotive Stores IncDistrict Court, W.D. Louisiana · 2020
- United States v. Tract 31A, Lots 31 and 32Court of Appeals for the Fifth Circuit · 2017
1 more not listed; retrieve them via the Exa API.