Legal Opinion
City National Bank v. United States
Court of Appeals for the Fifth Circuit
Decided August 2, 1990No. 89-1359PublishedCited by 2 opinions
1Opinion of the Court
PATRICK E. HIGGINBOTHAM, Circuit Judge:
City National Bank and Texas Bank filed this suit against the Federal Deposit Insurance Corporation complaining of the FDIC’s management as the lead on a loan in which they owned participating interests. The banks originally purchased their interests in the loan from First National Bank of Midland in Midland, Texas. The FDIC acquired the loan through a purchase and assumption transaction after the failure of FNB-Midland.1 An amended complaint asked for a declaratory judgment and an accounting. It included claims against the FDIC for breach of contract,…
2Cases cited17 opinions
- Insurance Corp. of Ireland v. Compagnie Des Bauxites De GuineeSupreme Court of the United States · 1982
- The Boeing Company v. Daniel C. ShipmanCourt of Appeals for the Fifth Circuit · 1969
- Burk Royalty Co. v. WallsTexas Supreme Court · 1981
- Montgomery Ward & Co. v. ScharrenbeckTexas Supreme Court · 1947
- American Title Insurance Company v. Lacelaw CorporationCourt of Appeals for the Ninth Circuit · 1988
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3Cited by2 opinions
- Johnson v. SawyerCourt of Appeals for the Fifth Circuit · 1995
- City National Bank v. United StatesCourt of Appeals for the Fifth Circuit · 1990