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KENNEDY v. MAINLAND SAV. ASS'N

No. 93-2689.

41 F.3d 986 (1994)

Don M. KENNEDY, et al., Plaintiffs, Don M. Kennedy and J.F.F., Ltd., Plaintiffs-Appellants, v. MAINLAND SAVINGS ASSOCIATION, et al., Defendants, Southwest Federal Savings Association, Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

December 21, 1994.

Attorney(s) appearing for the Case

Kyle R. Sears, Sears & Cole, Houston, TX, for appellants.

Jeanne Crandall, Reyna, Hinds, Crandall, Dallas, TX, for appellee.

Before REAVLEY, DAVIS and DeMOSS, Circuit Judges.

DeMOSS, Circuit Judge:

Appellants J.F.F., Ltd. ("JFF") and Don M. Kennedy ("Kennedy") are appealing a judgment entered against them on a promissory note executed by JFF and guaranteed by Kennedy. The note and guaranty—originally associated with a 1985 agreement to develop and build an apartment complex in Houston—were transferred several times due to savings & loan failures; they now are held by appellee...

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