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FIRST STATE BANK v. CITY AND COUNTY BANK

No. 88-5583.

872 F.2d 707 (1989)

FIRST STATE BANK OF WAYNE COUNTY, KENTUCKY (Formerly City and County Bank of Wayne County), Plaintiff-Appellant, v. The CITY AND COUNTY BANK OF KNOX COUNTY, TENNESSEE, Defendant-Appellee.

United States Court of Appeals, Sixth Circuit.

Decided April 6, 1989.

Attorney(s) appearing for the Case

Margaret E.M. Keane, James E. Milliman (argued), Greenebaum, Doll & McDonald, Louisville, Ky., for City and County Bank of Wayne County.

Margaret E.M. Keane, James E. Milliman, Louisville, Ky., for Federal Deposit Ins. Corp., in its capacity as Receiver for City and County Bank of Knox County.

Ronald D. Bowling, J.M. Trimble, Kevin G. Henry (argued), Trimble & Henry, Lexington, Ky., for First State Bank of Wayne County, Ky., fka The City and County Bank of Wayne County.

Before MILBURN and BOGGS, Circuit Judges, and CONTIE, Senior Circuit Judge.

MILBURN, Circuit Judge.

Plaintiff-appellant First State Bank of Wayne County, Kentucky ("First State") appeals from the final judgment of the district court and a subsequent denial of its motion for a new trial in this action on an oral contract wherein the now defunct City & County Bank of Knox County, Tennessee ("C & C Knox") allegedly agreed to repurchase certain loans or loan participations at any time upon demand. First State seeks specific performance...

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