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NAJARRO v. FIRST FED. S. & L. OF NACOGDOCHES, TEX.

No. 89-2941 Summary Calendar.

918 F.2d 513 (1990)

Armando Fong NAJARRO and Compania Financiera Libano, S.A., Plaintiffs-Appellants, v. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF NACOGDOCHES, TEXAS, Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

December 4, 1990.

Attorney(s) appearing for the Case

Keith G. Fabrizi, Houston, Tex., for plaintiffs-appellants.

David L. Burgert, Warren W. Harris, Porter & Clements, Houston, Tex., Robert B. O'Keefe, Adams, Belanger, Atherton & O'Keefe, Nacogdoches, Tex., for defendant-appellee.

Before CLARK, Chief Judge, KING and GARWOOD, Circuit Judges.

CLARK, Chief Judge:

This is a conversion action by Armando Fong Najarro (Najarro) and Compania Financiera Libano, S.A. (Libano) against First Federal Savings and Loan Association of Nacogdoches, Texas (First Federal). The jury absolved First Federal. We affirm.

I. Facts.

William H. Simmons (Simmons) and John C. Trotter (Trotter) were partners in an oil and gas venture. Trotter, a Houston tax attorney, proposed that the partnership could obtain loans...

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