GRANADER v. McBEE

No. 93-2742 Summary Calendar.

23 F.3d 120 (1994)

Alan GRANADER, Plaintiff-Appellant, v. Jim D. McBEE, Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

June 22, 1994.


Attorney(s) appearing for the Case

Otto D. Hewitt, III, Davenport Law Firm, Alvin, TX, Bill A. Todd, Jr., Barlow, Todd, Jordan & Oliver, Houston, TX, for plaintiff-appellant.

Steven E. Halpin, Houston, TX, for Jim D. McBee.

Mary E. Baker, FDIC, Houston, TX, Michelle Kosse, Washington, DC, for FDIC.

Before REYNALDO G. GARZA, SMITH and WIENER, Circuit Judges.


PER CURIAM:

Alan Granader ("Granader") appeals the district court's grant of summary judgment against him, and the district court's award of Rule 11 sanctions. Finding no error, we AFFIRM the district court on both points of appeal.

I. FACTS

In December of 1988, Alan Granader borrowed $50,000 from First National Bank of Texas ("Bank") to purchase 5,000 shares of Bank common stock for his children. When the Bank did not deliver his stock, Granader...

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