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GRADY PROPERTIES CO. v. FEDERAL DEPOSIT INS. CORP.

No. 89-6392.

927 F.2d 528 (1991)

GRADY PROPERTIES COMPANY, Plaintiff-Appellant, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant/Third-Party Plaintiff/Appellee, v. FH & L INVESTMENTS, an Oklahoma General Partnership; Donald P. Ferguson; Donald H. Horn; and Ronald H. Lawson; Individually and as General Partners of FH & L Investments; Ronald H. Lawson and Karen A. Lawson, Husband and Wife, Third-Party Defendants/Appellants.

United States Court of Appeals, Tenth Circuit.

March 7, 1991.

Attorney(s) appearing for the Case

Donald P. Ferguson (Donald H. Horn, on the briefs), of Ferguson, Horn and Lawson, Chickasha, Okl., for appellants.

James M. McCoy (Kenneth I. Jones, Jr., with him, on the brief), of Jones, Blaney & Williams, Oklahoma City, Okl., for appellee.

Before MOORE and BALDOCK, Circuit Judges, and ANDERSON, District Judge.

JOHN P. MOORE, Circuit Judge.

In this appeal, Grady Properties Company challenges the district court's granting summary judgment in favor of the Federal Deposit Insurance Corporation (FDIC), foreclosing its attempt to offset promissory notes against unrelated accounts receivable. Finding no error in the court's analysis, we affirm.

The parties stipulated to the facts. From 1984 through 1987, the law firm of Ferguson, Horn, Lawson & Heck (the Law Firm)...

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