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RIGGS NAT. BANK OF WASHINGTON, D.C. v. LINCH

No. 93-2049.

36 F.3d 370 (1994)

The RIGGS NATIONAL BANK OF WASHINGTON, D.C., Plaintiff-Appellee, v. Samuel A. LINCH; Marcia Penny Linch, Defendants-Appellants. Samuel A. LINCH; Marcia Penny Linch; Albert C. Randolph, Plaintiffs-Appellants, and McKenney Farm Associates Limited Partnership; Smith Farm Associates Limited Partnership; Shell Farm Associates Limited Partnership; Marsh Farm Associates Limited Partnership; Linch Group Properties Limited Partnership, Plaintiffs, v. The RIGGS NATIONAL BANK OF WASHINGTON, D.C., Defendant-Appellee.

United States Court of Appeals, Fourth Circuit.

Decided September 27, 1994.

Attorney(s) appearing for the Case

ARGUED: Dennis Arnold Davison, David & Hagner, P.C., Washington, DC, for appellants. Deborah Brand Baum, Shaw, Pittman, Potts & Trowbridge, Washington, DC, for appellee. ON BRIEF: Michael L. Shor, Sharon L. Terry, David & Hagner, P.C., Washington, DC, for appellants. David G. Fiske, Teresa L. Diaz, Shaw, Pittman, Potts & Trowbridge, Washington, DC, for appellee.

Before MURNAGHAN and NIEMEYER, Circuit Judges, and HARVEY, Senior United States District Judge for the District of Maryland, sitting by designation.

Affirmed by published opinion. Senior Judge HARVEY wrote the opinion, in which Judge MURNAGHAN and Judge NIEMEYER joined.

OPINION

ALEXANDER HARVEY, II, Senior District Judge:

Between 1986 and 1991, appellee The Riggs National Bank of Washington, D.C. ("Riggs") made a series of loans to four limited partnerships (the "Borrowers") which had been formed by appellants Samuel A. Linch and Albert C. Randolph. The sums loaned were to be used to finance...

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