KERMIT CONST. v. BANCO CREDITO Y AHORRO PONCENO

No. 76-1242.

547 F.2d 1 (1976)

KERMIT CONSTRUCTION CORP., Plaintiff, Appellant, v. BANCO CREDITO Y AHORRO PONCENO et al., Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided December 29, 1976.


Attorney(s) appearing for the Case

Rafael L. Franco Garcia, San Juan, P.R., on brief for appellant.

William E. Naveira, San Juan, P.R., on memorandum for appellees.

Before COFFIN, Chief Judge, McENTEE and CAMPBELL, Circuit Judges.


COFFIN, Chief Judge.

Appellant charges in his complaint that the defendants, a bank, a construction corporation, and a court-appointed receiver, conspired to put the corporation into receivership and so avoid paying a corporate debt to appellant. The complaint points to a few procedural flaws in the receiver's appointment as evidence of conspiracy. Since the complaint was filed in June, 1975, the case has followed a tortured path to this court. The receiver moved...

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