Armando Fong Najarro and Compania Financiera Libano, S.A. v. First Federal Savings and Loan Association of Nacogdoches, Texas
Court of Appeals for the First Circuit
1Opinion of the Court
CLARK, Chief Judge:
This is a conversion action by Armando Fong Najarro (Najarro) and Compañía Fi-nanciera Libano, S.A. (Libano) against First Federal Savings and Loan Association of Nacogdoches, Texas (First Federal). The jury absolved First Federal. We affirm.
I. Facts.
William H. Simmons (Simmons) and John C. Trotter (Trotter) were partners in an oil and gas venture. Trotter, a Houston tax attorney, proposed that the partnership could obtain loans secured by certificates of deposit (CDs) purchased by Najarro, a Guatamalan national, and Libano, a Panamanian corporation. By investing in CDs…
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- American International Trading Corp., Cross-Appellant v. Petroleos Mexicanos, Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1987
- Sorenson v. Shupe Bros. Co.Court of Appeals of Texas · 1974
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