Federal Deposit Insurance v. Tennessee Wildcat Services, Inc.

LIVELY, Chief Judge.

The question to be answered in these consolidated appeals is whether signers of promissory notes, who claim to have signed as corporate agents, sufficiently complied with legal requirements for avoiding personal liability. Holding that the signers had so complied, the district court, in separate orders, granted summary judgment in their favor. The Federal Deposit Insurance Corporation (FDIC), holder of the notes in its corporate capacity by virtue of purchase and assumption transactions, appeals, and we affirm.

I

A

Pertinent to our inquiry are the following portions of the…