Legal Opinion
Federal Deposit Insurance v. Consolidated Mortgage & Finance Corp.
District Court, D. Puerto Rico
Decided July 15, 1988No. Civ. 79-2279 HLPublishedCited by 10 opinions
1Opinion of the Court
OPINION AND ORDER
LAFFITTE, District Judge.
This ease was remanded by the First Circuit to determine the liability of co-defendant José A. Suro (“Suro”) under certain promissory notes and letters of guaranty. We award judgment in favor of Federal Deposit Insurance Corporation (“FDIC”) and against Suro, as guarantor, in solidum, in the amount of $9,810,925.20, plus interest and costs.
I. FACTUAL BACKGROUND
1. Defendants Consolidated Mortgage and Finance Corporation (“Consolidated”) executed notes, and Suro and José A. Amadeo executed letters of guaranty in solidum to evidence advances made by…
2Cases cited11 opinions
- Federal Deposit Insurance Corporation v. Marcelino Roldan FonsecaCourt of Appeals for the First Circuit · 1986
- In the Matter of Las Colinas, Inc., and Eastern Shore Development Corporation, Debtors, Appeal of Vigdor SchreibmanCourt of Appeals for the First Circuit · 1970
- Federal Deposit Ins. Corp. v. BirdDistrict Court, D. Puerto Rico · 1981
- Federal Deposit Insurance Corporation, Etc. v. Osvaldo CardonaCourt of Appeals for the First Circuit · 1983
- Federal Deposit Insurance Corporation v. Consolidated Mortgage and Finance CorporationCourt of Appeals for the First Circuit · 1986
6 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- United States v. LorinceDistrict Court, N.D. Illinois · 1991
- Rivera v. Flav-O-RichDistrict Court, D. Puerto Rico · 1995
- Federal Deposit Ins. Corp. v. PercivalDistrict Court, D. Nebraska · 1990
- Richmond Steel, Inc. v. Legal & General Assurance Society, Ltd.District Court, D. Puerto Rico · 1993
- Federal Deposit Insurance v. James T. Barnes of Puerto Rico, Inc.District Court, D. Puerto Rico · 1993
5 more not listed; retrieve them via the Exa API.