AMERICAN NATIONAL BANK, Appellant,
v.
Harry SIVERS, Harold Spencer, Warren White and John Shonsey, Appellees. and
Oakland Savings Bank and Federal Deposit Insurance Corporation, Defendants.
Supreme Court of Iowa.https://leagle.com/images/logo.png
May 21, 1986.
May 21, 1986.
Attorney(s) appearing for the Case
James T. Gleason, Donald T. Steege, Robert J. Kirby and Robert J. Becker of Swarr, May, Smith & Andersen, P.C., Omaha, Neb., for appellant.
Robert Schell, Council Bluffs, and Craig A. Knickrehm, Omaha, Nebraska, for appellee Federal Deposit Ins. Corp.
Dennis Leu of The Peters Law Firm, P.C., Council Bluffs, for appellee Harry Sivers.
Curtis Hewett of Smith, Peterson, Beckman & Willson, Council Bluffs and James D. Sulhoff of Rock & Sulhoff, Avoca, for appellee Harold Spencer.
Jack W. Peters of Stuart, Tinley, Peters, Thorn, Smits & Sens, Council Bluffs, for deceased appellee Warren L. White.
David S. Houghton and C.L. Robinson of Fitzgerald & Brown, Omaha, Neb., and John P. Churchman, Council Bluffs, for appellee John Shonsey.
Considered by REYNOLDSON, C.J., and HARRIS, CARTER, WOLLE, and LAVORATO, JJ.
Supreme Court of Iowa.
PER CURIAM.
The plaintiff, American National Bank (American), a participant with the defendant, Oakland Savings Bank (Oakland), in a loan arrangment with a defaulting borrower, appeals from district court order dismissing its claims against the directors of Oakland. The Oakland directors have been made codefendants with that bank in an action seeking damages for misrepresentation and negligence of Oakland in the handling...
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