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U.S. THROUGH SMALL BUSINESS ADMIN. v. PENA

Nos. 83-1599, 83-1600.

731 F.2d 8 (1984)

UNITED STATES of America Through its Agency the SMALL BUSINESS ADMINISTRATION v. Manuel Francis PENA v. James TROTTER, George Eghinis, Appellants. UNITED STATES of America v. Robert Francis CALLAHAN, et al. Appeal of James Woodrow TROTTER.

United States Court of Appeals, District of Columbia Circuit.

Decided March 23, 1984.

Attorney(s) appearing for the Case

David B. Lamb, Washington, D.C., for appellants.

Harvey M. Katz, Washington, D.C., for appellees.

Before MIKVA and SCALIA, Circuit Judges, and RICHEY, United States District Judge for the District of Columbia.

Opinion for the Court filed by Circuit Judge MIKVA.

MIKVA, Circuit Judge:

This case involves an inter sese dispute between the present and former shareholders of a closely held corporation as to which of them is personally liable to the Small Business Administration (SBA) for the corporation's default on a loan. We hold that the dispute must be resolved by reference to District of Columbia law and that, because the parties have not provided any guidance as...

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