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F.D.I.C. v. SELAIDEN BUILDERS, INC.

No. 91-1815.

973 F.2d 1249 (1992)

FEDERAL DEPOSIT INSURANCE CORPORATION, As Manager of the FSLIC Resolution Fund as Receiver For Vernon Savings and Loan Association, FSA, Plaintiff-Appellee, v. SELAIDEN BUILDERS, INC., Robert Selaiden, Charles Selaiden, and Jack McJunkin, Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied November 6, 1992.

Attorney(s) appearing for the Case

Alan S. Loewinsohn, Jennifer A. Haltom Doan, Figari & Davenport, Dallas, Tex., for defendants-appellants.

Michelle Kosse, Counsel, Arter & Hadden, F.D.I.C., Washington, D.C., William G. Compton, Neil M. Sukin, Arter & Hadden, Dallas, Tex., for F.D.I.C. as Receiver of Vernon Sav. & Loan Assoc.

Before WISDOM, SMITH and EMILIO M. GARZA, Circuit Judges.

EMILIO M. GARZA, Circuit Judge:

This action involves certain notes and guaranties executed for the purchase and construction of an apartment project known as the University Crossroads Condominiums. The defendants appeal the summary judgment granted against them in favor of the FDIC-Receiver, alleging that the FDIC-Receiver failed to establish that it was the owner and holder of the notes and guaranties. We affirm in part and reverse in part.

I

Selaiden...

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