Legal Opinion
F.D.I.C. v. W. Hugh Meyer & Associates, Inc.
Court of Appeals for the Fifth Circuit
Decided March 23, 1989No. 87-1943PublishedCited by 8 opinions
1Opinion of the Court
PATRICK E. HIGGINBOTHAM, Circuit Judge:
In 1982, Hugh Meyer signed an agreement pledging some stock to the First National Bank of Midland. The pledge agreement entitled the bank to a security interest in the dividends upon the stock, but neither the bank nor the FDIC, the bank’s successor in interest, registered the pledged shares in the bank’s name. As a result, dividends from the pledged stock were delivered to Meyer. Among these dividends was a stock dividend worth about $500,000. Meyer eventually pledged these dividend shares to his law firm, Grambling & Mounce, to secure payment of a…
2Cases cited6 opinions
- In the Matter of E. A. Fretz Company, Inc., Bankrupt. Republic National Bank of Dallas v. Carl S. Fitzgerald, TrusteeCourt of Appeals for the Fifth Circuit · 1978
- Powell v. Maryland Trust Co.Court of Appeals for the Fourth Circuit · 1942
- United States v. DoyleDistrict Court, D. Minnesota · 1980
- Federal Deposit Insurance Corp. v. Whitaker (In Re Whitaker)United States Bankruptcy Court, D. Kansas · 1982
- Mathews v. StarrDistrict Court, E.D. Virginia · 1979
1 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Burner v. Security State Bank (In Re Burner)United States Bankruptcy Court, W.D. Texas · 1989
- United States v. 105,800 Shares of Common Stock of Firstrock Bancorp, Inc.District Court, N.D. Illinois · 1993
- Raiton v. G & R Properties (In Re Raiton)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1992
- Third National Bank in Nashville v. Fischer (In Re Fischer)United States Bankruptcy Court, M.D. Tennessee · 1995
- Gray v. Jefferson Loan & Investment Bank (In Re Commercial Management Service, Inc.)United States Bankruptcy Court, D. Massachusetts · 1991
3 more not listed; retrieve them via the Exa API.