GATZ v. SOUTHWEST BANK OF OMAHA

Nos. 86-2554, 87-1094.

836 F.2d 1089 (1988)

Edward E. GATZ; Dennis C. Russell; Marvin J. Frank; Earl R. Willats; Jack Shelley, James J. and Patricia Phalen; Marlene W. Hechtman; Vale H. Sorensen; Larry E. Haack; Raymond G. and Dorothy Alvine, William Chapman, Appellant, Glenn A. Goodrich; Allen E. Zencka; Joseph Lynch; Vincent Runco; Larry L. Hald; Donald D. Kerr; Kermit A. Brashear, II; Peter D. Knott; Dennis D. Weiss; William Wolfe; Frank Cernik; Frank Cernik, Trustee; and Buckeye Pizza Corporation v. SOUTHWEST BANK OF OMAHA; Packers National Bank; Security National Bank of Omaha; Bank of Millard; U.S. National Bank of Omaha; First West Side Bank; The Omaha National Bank; Northwestern National Bank; First National Bank of Omaha; Center Bank; American National Bank; Bank of the Midlands; Ames Bank and First Westroad Bank, Appellees, v. The FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of Penn Square Bank, N.A., Intervenor. Edward E. GATZ; Dennis C. Russell; Marvin J. Frank; Earl R. Willats; Jack Shelley; James J. and Patricia Phalen; Marlene W. Hechtman; Vale H. Sorensen; Larry E. Haack; Raymond G. and Dorothy Alvine, William Chapman, Appellant, Glenn A. Goodrich; Allen E. Zencka; Joseph Lynch; Vincent Runco; Larry L. Hald; Donald D. Kerr; Kermit A. Brashear, II; Peter D. Knott; Dennis D. Weiss; William Wolfe; Frank Cernik; Frank Cernik, Trustee; and Buckeye Pizza Corporation v. SOUTHWEST BANK OF OMAHA; Packers National Bank; Security National Bank of Omaha; Bank of Millard; U.S. National Bank of Omaha; First West Side Bank; The Omaha National Bank; Northwestern National Bank (now known as Norwest Bank Nebraska N.A.) Appellant, First National Bank of Omaha; Center Bank; American National Bank; Bank of the Midlands; and Ames Bank; First Westroads Bank v. The FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of Penn Square Bank, N.A., Appellee.

United States Court of Appeals, Eighth Circuit.

Decided January 4, 1988.

Rehearing Denied March 4, 1988.


Attorney(s) appearing for the Case

Thomas H. Dahlk, Omaha, Neb., for appellant.

Richard B. Noulles, Tulsa, Okl., for appellees.

Before BOWMAN, Circuit Judge, ROSS, Senior Circuit Judge, and WOLLMAN, Circuit Judge.


WOLLMAN, Circuit Judge.

William Chapman (Chapman) appeals from a district court judgment against him and in favor of Continental Illinois National Bank and Trust Company of Chicago (CINB) pursuant to the summary enforcement of a settlement agreement. In a consolidated appeal, Norwest Bank Nebraska, N.A. (Norwest) appeals from a district court judgment that ordered Norwest to pay the face amount of a letter of credit issued on behalf of Chapman. We affirm both judgments...

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