Legal Opinion
People's Bank & Trust Co. v. United States
United States Court of Claims
Decided January 21, 1987No. 181-82CPublishedCited by 14 opinions
1Opinion of the Court
OPINION
YOCK, Judge.
In this contract case, the plaintiff bank seeks recovery from the Government of amounts extended in the form of an interim loan to a farmer, pending the closing of the farmer’s previously approved Farmers Home Administration (FmHA) disaster emergency loan. The FmHA cancelled the loan to the farmer before there was a formal closing and denied any liability to the plaintiff bank based on the alleged interim financing agreement.
Upon consideration of the entire trial record, including appropriate post-trial briefings and findings, the Court concludes that the Government…
2Cases cited26 opinions
- Federal Crop Ins. Corp. v. MerrillSupreme Court of the United States · 1947
- Algonac Manufacturing Co. v. United StatesUnited States Court of Claims · 1970
- Housing Corp. of America v. United StatesUnited States Court of Claims · 1972
- Russell Corp. v. United StatesUnited States Court of Claims · 1976
- Fincke v. United StatesUnited States Court of Claims · 1982
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3Cited by14 opinions
- Computer Shoppe, Inc. v. StateCourt of Appeals of Tennessee · 1989
- Johns-Manville Corp. v. United StatesUnited States Court of Claims · 1987
- National Rural Utilities Cooperative Finance Corp. v. United StatesUnited States Court of Claims · 1988
- Dolan v. McQuaideCourt of Special Appeals of Maryland · 2013
- Webster University v. United StatesUnited States Court of Claims · 1990
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