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F.D.I.C. v. FLOYD

Civ. No. 3:93-CV-1272-H.

854 F.Supp. 449 (1994)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its Capacity as Receiver of American National Bank — Post Oak, Plaintiff, v. Charles G. FLOYD, Jr., Defendant.

United States District Court, N.D. Texas, Dallas Division.

May 17, 1994.

Attorney(s) appearing for the Case

Norbert T. Starr, Roy G. Morris, F.D.I.C., Legal Section, and Joseph W. Spence, Gardere & Wynne, Dallas, TX, for plaintiff.

Lawrence J. Friedman, Friedman & Associates, and Michael S. Fawer, Dallas, TX, for defendant.

ORDER

SANDERS, Chief Judge.

Before the Court are Plaintiff's Motion for Summary Judgment, with supporting material, filed January 31, 1994; Defendant's Response, with supporting material, filed April 22, 1994; and Plaintiff's Reply, filed May 3, 1994.

I. BACKGROUND

On May 24, 1991, Defendant Floyd executed and delivered to American National Bank — Post Oak ("the Bank") a promissory note (the "Note") payable to the order of...

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