Legal Opinion
First National Bank v. United States
United States Court of Claims
Decided September 5, 1984No. 136-82CPublishedCited by 11 opinions
1Opinion of the Court
OPINION
MEROW, Judge:
This case arises out of a breach of contract action by First National Bank of Louisa, Kentucky (Louisa) against the Small Business Administration (SBA). Louisa seeks to enforce a guarantee loan agreement. Defendant refuses to honor the agreement because it violates SBA loan regulations. Upon the findings of fact stated below, it is concluded that plaintiff has not established a valid basis for relief.
Facts
In October 1978 Mr. Elbert See requested a $200,000 loan from Louisa to purchase the Twin Rivers Motel and Restaurant. The motel was owned as tenants in common by Mrs.…
2Cases cited11 opinions
- Federal Crop Ins. Corp. v. MerrillSupreme Court of the United States · 1947
- Heckler v. Community Health Services of Crawford County, Inc.Supreme Court of the United States · 1984
- United States v. Georgia-Pacific CompanyCourt of Appeals for the Ninth Circuit · 1970
- G. L. Christian and Associates v. The United StatesUnited States Court of Claims · 1963
- Emeco Industries, Inc. v. United StatesUnited States Court of Claims · 1973
6 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- First Tennessee Bank National Association v. Hector v. Barreto, in His Official Capacity as Administrator of the Small Business AdministrationCourt of Appeals for the First Circuit · 2001
- Eastern Illinois Trust & Savings Bank v. SandersCourt of Appeals for the Seventh Circuit · 1987
- Hazeltine Corp. v. United StatesUnited States Court of Claims · 1986
- Heritage Bank & Trust Co. v. AbdnorCourt of Appeals for the Seventh Circuit · 1990
- Northern Indian Housing & Development Council v. United StatesUnited States Court of Claims · 1987
6 more not listed; retrieve them via the Exa API.