Legal Opinion
Peoples National Bank v. Purina Mills, Inc.
District Court, D. Kansas
Decided June 20, 1996No. 95-4077-SACPublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
CROW, District Judge.
The case comes before the court on the plaintiffs motion for partial summary judgment (Dk. 34) and the defendant’s motion for summary judgment (Dk. 36). The Peoples National Bank (“Bank”) sued Purina Mills, Inc. (“Purina”) alleging breach of a “Non-Funded Participation Agreement” (“NFPA”), in which Purina agreed to fund a percentage of the Bank’s line of credit to Douglas and Maureen Toll (“Tolls”) in the event that the Tolls defaulted on the loans. The Tolls defaulted on the loans and filed for bankruptcy. Purina has refused to fund the loan taking…
2Cases cited23 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Bacchus Industries, Inc. v. Arvin Industries, Inc.Court of Appeals for the Tenth Circuit · 1991
- David L. White v. York International CorporationCourt of Appeals for the Tenth Circuit · 1995
18 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Peoples National Bank v. Purina Mills, Inc.District Court, D. Kansas · 1996
- Glencore Grain Ltd. v. Seaboard Corp.District Court, D. Kansas · 2003