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TEXAS COMMERCE BANK-HURST, N.A. v. U.S.

Civ. A. No. 4-86-69-E.

703 F.Supp. 592 (1988)

TEXAS COMMERCE BANK-HURST, N.A. v. UNITED STATES of America.

United States District Court, N.D. Texas, Fort Worth Division.

August 25, 1988.

Attorney(s) appearing for the Case

Thomas Nezworski, George C. Haratsis, McDonald, Sanders, Ginsburg, Newkirk, Gibson & Day, Fort Worth, Tex., for plaintiff.

Linda C. Groves, Atty., Tax Div., Dept. of Justice, Dallas, Tex., for defendant.

ORDER

MAHON, District Judge.

Now before the Court are the cross motions for summary judgment to which both parties have responded and replied. After a thorough review of the pleadings and the applicable law, the Court makes the following determination.

FACTS

C.I. Construction Inc. is a Texas corporation which obtained a loan from Plaintiff Texas Commerce Bank ("TCB") in the amount of $325,000.00. To secure the loan, C.I. Construction executed...

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