Legal Opinion
UNITED STATES (SMALL BUSINESS ADMIN.) v. Corsino
District Court, D. Puerto Rico
Decided November 26, 1986No. Civ. 83-0515 (JAF)PublishedCited by 2 opinions
1Opinion of the Court
OPINION AND ORDER
FUSTE, District Judge.
On November 13, 1975, defendants Wilfredo Corsino-Meléndez, Lydia Esther Pagan, Wilfredo Ramos-Leduc, and Felicita Prado-Ojeda, subscribed a promissory note payable to the bearer, with interest at the rate of 10% per cent per annum, guaranteed by a mortgage, for a loan of $50,000 payable to P.R. Bootstrap Corporation. The loan was granted by Banco Popular de Puerto Rico (Banco), and secured by a guaranty agreement of the Small Business Administration (SBA). In the event of a default, SBA would pay Banco without prejudice of its rights against debtor. In…
2Cases cited7 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- UNITED STATES of America, Plaintiff-Appellee, v. Gerhard T. BECK, M.D., Defendant-AppellantCourt of Appeals for the Eleventh Circuit · 1985
- Forest Nursery Co. v. Crete Carrier Corp.District Court, E.D. Tennessee · 1969
- Efrain Martinez Class v. Caribe Hilton Hotel and Union Gastronomica, Local 610Court of Appeals for the First Circuit · 1986
- United States v. Robert's Nursing Home, Inc. And Robert W. BurtonCourt of Appeals for the Seventh Circuit · 1983
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3Cited by2 opinions
- United States v. Mark Rollinson, Edmund S. Barnett, United States of America v. Mark Rollinson, Edmund S. BarnettCourt of Appeals for the D.C. Circuit · 1989
- United States v. BakerDistrict Court, M.D. Alabama · 1987