FDIC v. BOWLES LIVESTOCK COM'N

No. 90-2117.

937 F.2d 1350 (1991)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its Corporate Capacity, Appellee, v. BOWLES LIVESTOCK COMMISSION COMPANY, a Sole Proprietorship, Appellant, Reed Fraham, an Individual.

United States Court of Appeals, Eighth Circuit.

Decided July 3, 1991.


Attorney(s) appearing for the Case

John M. Vodra, Omaha, Neb., argued, for appellant. Victor J. Lich, Jr., Omaha, Neb., and E. Lawrence Oldfield, Oakbrook, Ill., appeared on appellant's brief.

John A. Anderson, Omaha, Neb., argued, for appellee. Ann S. DuRoss, Joan E. Smiley and E. Whitney Drake, Washington, D.C., appeared on appellee's brief.

Before JOHN R. GIBSON and BOWMAN, Circuit Judges, and FLOYD R. GIBSON, Senior Circuit Judge.


FLOYD R. GIBSON, Senior Circuit Judge.

Bowles Livestock Commission Company (Bowles) appeals the district court's final judgment and order in favor of the Federal Deposit Insurance Corporation (FDIC) in the FDIC's action for conversion against Bowles for its sale of certain livestock in which the FDIC had a security interest. We must decide who bears the loss for the failures of a certain hog farmer and a certain bank in Nebraska. Despite the never-lose position the...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases