Legal Opinion
Opton, Inc. v. Federal Deposit Insurance Corp.
District of Columbia Court of Appeals
Decided September 15, 1994No. 93-CV-602PublishedCited by 6 opinions
1Opinion of the Court
FERREN, Associate Judge:
The National Bank of Washington (NBW) lent money to Opton, Inc. in exchange for a promissory note from Opton and personal guaranties from Stephen and Mallary Tytel and from appellant Howard Tytel. Opton defaulted on its obligations under the note, and NBW sued Opton and the Tytels for the amount due. After filing the complaint, NBW was declared insolvent and the Federal Deposit Insurance Corporation (FDIC) was appointed the bank’s receiver. The trial court substituted FDIC for NBW as the “real party in interest.” The court then entered a default judgment against Opton…
2Cases cited37 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
- Nader v. De ToledanoDistrict of Columbia Court of Appeals · 1979
- Holland v. HannanDistrict of Columbia Court of Appeals · 1983
- In the Matter of Xonics Photochemical, Inc., Debtor. Appeal of Mitsui and Company (u.s.a.), IncCourt of Appeals for the Seventh Circuit · 1988
32 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Ford v. ChartOne, Inc.District of Columbia Court of Appeals · 2006
- United States of America Ex Rel. Modern Electric, Inc., Appellant/cross-Appellee v. Ideal Electronic Security Co., Inc., Appellee/cross-AppellantCourt of Appeals for the D.C. Circuit · 1996
- Dennis Joslin Co. v. Robinson Broadcasting Corp.District Court, District of Columbia · 1997
- Allen v. YatesDistrict of Columbia Court of Appeals · 2005
- Republican National Committee v. TaylorCourt of Appeals for the D.C. Circuit · 2002
1 more not listed; retrieve them via the Exa API.