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PARMENTER v. FEDERAL DEPOSIT INS. CORP.

Nos. 89-2864 to 89-2866.

925 F.2d 1088 (1991)

Robert J. PARMENTER, an individual; Roger Parmenter, an individual; Parmenter Brothers, a Partnership, Appellants, v. FEDERAL DEPOSIT INSURANCE CORPORATION, in its Separate Corporate Capacity, Appellee. William HOUSTON, Jr., Appellant, v. FEDERAL DEPOSIT INSURANCE CORPORATION, in its Separate Corporate Capacity, Appellee. John LEIDER, Appellant, v. FEDERAL DEPOSIT INSURANCE CORPORATION, in its Separate Corporate Capacity, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided February 11, 1991.

Attorney(s) appearing for the Case

Kenneth Cobb, Lincoln, Neb., for appellants.

Chip Lowe, Des Moines, Iowa, for appellee.

Before JOHN R. GIBSON, Circuit Judge, ROSS and HENLEY, Senior Circuit Judges.

HENLEY, Senior Circuit Judge.

Robert J. Parmenter and Roger Parmenter, individually, and as Parmenter Brothers, William Houston and John Leider appeal from a judgment of the district court granting summary judgment in favor of the Federal Deposit Insurance Corporation (FDIC). We affirm in part and reverse and remand in part.

BACKGROUND

In April and May, 1986 Richard O'Bannon, secretary/treasurer of the Nebraska Potato Shippers (NPS), entered into...

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