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LIBBY, McNEILL, AND LIBBY v. CITY NAT. BANK

No. 75-3218.

592 F.2d 504 (1979)

LIBBY, McNEILL, AND LIBBY, a Maine Corporation, Plaintiff-Appellee, v. CITY NATIONAL BANK et al., Defendants-Appellants. City National Bank, a national banking association, Defendant and Third Party Plaintiff-Appellant, Dorothy W. Chu and David C. Chu, Third Party Defendants-Appellants.

United States Court of Appeals, Ninth Circuit.

Rehearing Denied March 19, 1979.

Attorney(s) appearing for the Case

Morris Lavine (argued), Los Angeles, Cal., for defendants-appellants.

Richard S. Berger (argued), of Gendel, Raskoff, Shapiro & Quittner, Los Angeles, Cal., for plaintiff-appellee.

Before TRASK and WALLACE, Circuit Judges, and HOFFMAN, District Judge.

WALLACE, Circuit Judge:

City National Bank (CNB) and the Chus appeal from a judgment of the district court which found Libby, McNeill and Libby (Libby) liable to various other parties, but which allowed Libby to offset that liability against what otherwise would have been an obligation to CNB. The district court also found the Chus liable to CNB, a judgment from which they lodge a somewhat half-hearted appeal. We vacate in part, affirm in part, reverse in part, and...

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