Legal Opinion
Central W. Rental Co. v. Leasing
Court of Appeals for the Third Circuit
Decided June 11, 1992No. 91-1459PublishedCited by 1 opinion
1Opinion of the Court
OPINION OF THE COURT
HUTCHINSON, Circuit Judge.
Appellants William J. Simmers and Cassandra Simmers (the Simmers) appeal from an order of the United States District Court for the Eastern District of Pennsylvania denying their Federal Rule of Civil Procedure 60(b) motion for relief from a confessed judgment in the amount of $1,960,342.70 plus interest which the Federal Deposit Insurance Corporation (FDIC) had obtained against them. This judgment was confessed against the Simmers pursuant to a clause in a guaranty agreement they entered into with Horizon Financial, N.A. (Horizon)1 in March 1989…
2Cases cited21 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
- United States v. $55,518.05 in U.S. Currency. Appeal of Gary GoldenCourt of Appeals for the Third Circuit · 1984
- Harad, Charles A. And the Home Insurance Company v. The Aetna Casualty and Surety Company, and Catania, Francis JCourt of Appeals for the Third Circuit · 1988
- Norton v. Nat. Bank of Commerce of Pine BluffSupreme Court of Arkansas · 1966
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3Cited by1 opinion
- Central W. Rental Co. D/B/A Cte Leasing Corp., William J. Simmers and His Wife Cassandra Simmers v. Horizon Leasing, a Division of Horizon Financial, F.A. Federal Deposit Insurance Corporation, Exclusive Manager of the Resolution Trust Corporation as Receiver for Horizon Financial, F.A., Horizon Leasing, Counter v. William J. Simmers and Cassandra Simmers, CounterCourt of Appeals for the Third Circuit · 1992