Legal Opinion
The First Interstate Bank of Idaho v. The Small Business Administration and James C. Sanders, Administrator, Small Business Administration
Court of Appeals for the First Circuit
Decided February 22, 1989No. 87-4254PublishedCited by 16 opinions
1Opinion of the Court
BEEZER, Circuit Judge:
This is a contract dispute between a bank and the Small Business Administration (“SBA”) over the SBA’s failure to honor a guarantee agreement insuring one of the bank’s loans. The district court entered an order of summary judgment for the SBA, on the grounds that the bank had substantially failed to comply with the agreement and that the SBA was not required to rescind its guarantee promptly upon learning of the failure of compliance. We affirm.
I
On October 3, 1978, the SBA and the Bank of Idaho 1 (“the bank”) entered into a Loan Guaranty Agreement establishing the…
2Cases cited14 opinions
- Federal Crop Ins. Corp. v. MerrillSupreme Court of the United States · 1947
- Heckler v. Community Health Services of Crawford County, Inc.Supreme Court of the United States · 1984
- United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
- David D. Darring v. Larry Kincheloe, Superintendent of the Washington State PenitentiaryCourt of Appeals for the Ninth Circuit · 1986
- Richard P. Lavin v. John O. Marsh, Jr., Secretary of the Army of the United States, and the United States ArmyCourt of Appeals for the Ninth Circuit · 1981
9 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- First Tennessee Bank National Association v. Hector v. Barreto, in His Official Capacity as Administrator of the Small Business AdministrationCourt of Appeals for the First Circuit · 2001
- United States v. First National Bank of Cicero and Leslie I. CohodesCourt of Appeals for the First Circuit · 1992
- Alaska Interstate Construction, LLC v. Pacific Diversified Investments, Inc.Alaska Supreme Court · 2012
- US EX REL. VIRG. BEACH MECH. v. SAMCO Const. Co.District Court, E.D. Virginia · 1999
- Minidoka Irrigation District v. Department of the InteriorCourt of Appeals for the Ninth Circuit · 1998
11 more not listed; retrieve them via the Exa API.