1. Home
  2. Browse Decisions
  3. F.2d
  4. 741 F.2d
  5. 741 F.2d 475 (1984)
 

FEDERAL DEPOSIT INS. CORP. v. TITO CASTRO CONST.

No. 82-1817.

741 F.2d 475 (1984)

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff, Appellee, v. TITO CASTRO CONSTRUCTION, INC., Defendant, Appellant.

United States Court of Appeals, First Circuit.

Decided August 17, 1984.

Attorney(s) appearing for the Case

Charles A. Cuprill-Hernandez, Ponce, P.R., for defendant, appellant.

Gabriel Hernandez Rivera, Old San Juan, P.R., with whom Feldstein, Gelpi & Hernandez, Old San Juan, P.R., Thomas Brooks, and Thomas A. Rose, Washington, D.C., were on brief, for plaintiff, appellee.

Before COFFIN and BREYER, Circuit Judges, and DOYLE, Senior District Judge.

BREYER, Circuit Judge.

Between September 1976 and March 1978 the Banco Credito y Ahorro Ponceno made several secured loans to appellant, the Tito Castro Construction Corp. The loans amounted to $3,329,825.70. The interest rate (on all but one) was a variable rate, described in the loan documents as "prime plus one percent." On March 31, 1978, the bank failed. The Federal Deposit Insurance Corporation became its receiver and purchased the loans to Tito Castro. See...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases