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LANDMARK BANK v. McGLINN

No. 86-1505 C (5).

684 F.Supp. 1500 (1988)

LANDMARK BANK, Plaintiff, v. Terrence J. McGLINN, et al., Defendants/Third-Party Plaintiffs, v. Donald L. DAVENPORT, et al., Third-Party Defendants.

United States District Court, E.D. Missouri.

April 27, 1988.

Attorney(s) appearing for the Case

Richard D. Lageson, Stephen L. Kling, Jr., St. Louis, Mo., for plaintiff.

Coburn, Croft & Putzell, John R. McFarland, James L. Fogle, Kenneth J. Mallin, St. Louis, Mo., for McGlinn and Oaks Inv.

Michael A. Gross, Clayton, Mo., for third-party defendants.

MEMORANDUM

LIMBAUGH, District Judge.

Plaintiff Landmark Bank brought suit against defendants Terrence J. McGlinn and Oaks Investment Group (Oaks) seeking recovery of funds paid by Landmark Bank on a letter of credit issued on behalf of third-party defendants Donald and Mary Jane Davenport. On November 30, 1987, the date this case was set for trial, a settlement was reached between Landmark Bank and McGlinn and Oaks. The Court proceeded with the trial of...

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