Legal Opinion
United States v. Barton C. Kelley and Donna Marie Kelley v. Fairlawn Plaza State Bank, Third Party
Court of Appeals for the Third Circuit
Decided November 21, 1989No. 85-1259PublishedCited by 11 opinions
1Opinion of the Court
LOGAN, Circuit Judge.
Defendants Barton and Donna Kelley appeal the grant of summary judgment in favor of plaintiff Small Business Administration (SBA) and the dismissal of third-party defendant Fairlawn Plaza State Bank (Bank). The Kelleys personally guaranteed two $130,000 promissory notes of Kelley Aquarium and Pet Supplies Co., Inc., for SBA-guaranteed loans through the Bank. Both notes were secured by assets of the debtor. The debtor subsequently defaulted and the Bank liquidated the collateral securing the notes. The net proceeds of the liquidation sale were applied to reduce the amounts…
2Cases cited37 opinions
- United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
- United States v. Duane G. Willis and Mary J. WillisCourt of Appeals for the Sixth Circuit · 1979
- INGERSOLL-RAND FINANCIAL CORPORATION, Plaintiff-Appellee, v. MILLER MINING COMPANY, INC.; Michael Miller, Esq., Defendants-AppellantsCourt of Appeals for the Ninth Circuit · 1987
- United States Ex Rel. Small Business Administration v. MorrisDistrict Court, E.D. Pennsylvania · 1981
- United States v. Conrad Publishing Company, a Corporation, the Estate of Currie Conrad, John G. Conrad and Charles Conrad, (Two Cases)Court of Appeals for the Eighth Circuit · 1978
32 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- United States v. Stump Home Specialties Manufacturing, IncorporatedCourt of Appeals for the Seventh Circuit · 1990
- Lee v. LPP Mortgage Ltd.Wyoming Supreme Court · 2003
- May v. Women's Bank, N.A.Supreme Court of Colorado · 1991
- Topical Jewelers, Inc. v. Nationsbank, NaDistrict Court of Appeal of Florida · 2000
- AAR Aircraft & Engine Group, Inc. v. EdwardsCourt of Appeals for the Seventh Circuit · 2001
6 more not listed; retrieve them via the Exa API.