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FEDERAL DEPOSIT INS. CORP. v. BACHMAN

No. 88-1827.

894 F.2d 1233 (1990)

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff-Appellee, v. William S. BACHMAN; Anthony A. Trutanich; William T. Baird; Albert M. Birnie; James N. Donnerstag; Stephen G. Hoy; W.A. Hull; Jerry W. Neely; King Cooper, Jr.; Donald M. Koll; F. Michael Krotz; L & E Oil Venture, a partnership consisting of Rudy A. Landry and unknown others; Owen H. Lewis; Bruce Ludwig; Raymond I. Mahan; Kathlyn A. Mahan; Lowell W. Morse; Vera Morse; Beverly J. Oetting; Peter B. Reich; Roger C. Schultz; Priscilla Schultz; Dorothy D. Stanton; Harold James Schafer; Jess C. Wilson, Jr., Defendants, and Michael B. Birnie; William H. Birnie; Barbara P. Birnie; Laurence A. Bolton; Kenneth T. Carey; Robert M. Ellis; Ray Elner; Terry D. Evans; George H. Fox, Jr.; John M. Gilchrist, Sr.; Michael J. Gregoire; Brent F. Howell; David D. Hurford, Jr.; Christopher M. Job; Eldred J. Kunkel; Evelyn R. Kunkel; Paul J. Lupo; Key B. Lupo; J. Frank Mahoney, III; Judith M. Mahoney; Richard E. Oetting; Robert K. Ostengaard; Delmar D. Stanton; A.P. Tiddens; Boyd Van Ness; Donald R. Wheeler, Defendants-Appellants.

United States Court of Appeals, Tenth Circuit.

January 30, 1990.

Attorney(s) appearing for the Case

Brinda K. White (Ronald L. Ripley with her on the briefs) of Linn & Helms, Oklahoma City, Okl., for defendants-appellants.

Mack J. Morgan, III, (Denise Cotter Villani with him on the brief) of Crowe & Dunlevy, Oklahoma City, Okl., for plaintiff-appellee.

Before LOGAN, BARRETT, and EBEL, Circuit Judges.

LOGAN, Circuit Judge.

The limited partners (defendants) of Brookwood Drilling Partnership 1980-I (Brookwood) appeal the district court's summary judgment that they are liable to the Federal Deposit Insurance Corporation (FDIC) for unpaid capital contributions under Okla.Stat.Ann. tit. 54, § 158, Unif. Limited Partnership Act (ULPA) § 17. The issues on appeal are (1) whether the FDIC, as successor to a creditor of Brookwood, can bring an action based upon...

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