CHATHAM VENTURES, INC. v. FEDERAL DEPOSIT INS. CORP.

No. 80-7599.

651 F.2d 355 (1981)

CHATHAM VENTURES, INC., et al., Plaintiffs, Scott Thompson and Laurie K. Abbott, Plaintiffs-Appellants, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendants-Appellees. CHATHAM VENTURES, INC., et al., Plaintiffs, Scott Thompson and Laurie K. Abbott, Plaintiffs-Appellants, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant-Appellee.

United States Court of Appeals, Fifth Circuit. Unit B

Rehearing and Rehearing Denied September 11, 1981.


Attorney(s) appearing for the Case

Joseph B. Bergen, Anthony H. Abbott, William F. Braziel, Jr., Savannah, Ga., for plaintiffs-appellants.

Leamon R. Holliday, Savannah, Ga., Frank L. Skillern, Jr., Myers N. Fisher, Albert J. Tumpson, FDIC, Washington, D. C., for defendants-appellees.

Before TUTTLE, HILL and THOMAS A. CLARK, Circuit Judges.


Rehearing and Rehearing En Banc Denied September 11, 1981.

TUTTLE, Circuit Judge:

Once again this Court entertains a challenge to the ability of the Federal Deposit Insurance Corporation (FDIC) to collect the balance due on a long overdue note. Obligors (Scott Thompson and Laurie Abbott), on September 20, 1974 executed a real estate note payable to Hamilton Mortgage Corporation in the amount of $350,000. This note was one part of the documentation for a transaction...

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