Legal Opinion
Federal Deposit Insurance Corporation v. P.L.M. International, Inc., Antonio Melendez and Martha Melendez
Court of Appeals for the First Circuit
Decided December 7, 1987No. 87-1435PublishedCited by 79 opinions
1Opinion of the Court
BOWNES, Circuit Judge.
Defendants-appellants Antonio and Martha Melendez and their conjugal partnership appeal an order of the United States District Court for the District of Puerto Rico entered in accordance with a stipulation for judgment holding them liable as guarantors of a mortgage loan obtained by Vistas de Camuy Development Corporation, Inc. (Vistas) from the Girod Trust Company (Girod). Defendants argue that the substitution of the debtor in the principal loan and pledge agreement extinguished their ancillary obligation, and that even if their obligation survived the modification of…
2Cases cited16 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- 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
- Federal Deposit Insurance Corporation v. The Merchants National Bank of MobileCourt of Appeals for the Eleventh Circuit · 1984
- Federal Deposit Insurance Corporation v. Marcelino Roldan FonsecaCourt of Appeals for the First Circuit · 1986
- Howell v. Continental Credit Corp.Court of Appeals for the Seventh Circuit · 1981
11 more not listed; retrieve them via the Exa API.
3Cited by79 opinions
- Federal Deposit Insurance Corporation v. World University Inc., Santa Barbara Center CorporationCourt of Appeals for the First Circuit · 1992
- In Re 604 Columbus Avenue Realty Trust, Debtor. Capitol Bank & Trust Company v. 604 Columbus Avenue Realty Trust, in Re 604 Columbus Avenue Realty Trust, Debtor. Federal Deposit Insurance Corporation, as Receiver/liquidating Agent of Capitol Bank & Trust Company v. 604 Columbus Avenue Realty TrustCourt of Appeals for the First Circuit · 1992
- Timberland Design, Inc. And William C. Barnsley v. First Service Bank for SavingsCourt of Appeals for the First Circuit · 1991
- Federal Deposit Insurance Corporation, as Receiver of Union National Bank of Chicago v. Lillian Wright, Also Known as Lillian Wright LawlerCourt of Appeals for the Seventh Circuit · 1991
- Federal Deposit Insurance Corporation v. Pritam SinghCourt of Appeals for the First Circuit · 1992
74 more not listed; retrieve them via the Exa API.