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F.D.I.C. v. NORTHERN MONTANA GAS CO.

No. 94-556.

908 P.2d 1357 (1995)

FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver of First Security Bank of Anaconda, Plaintiff and Respondent, v. NORTHERN MONTANA GAS COMPANY, Defendant and Appellant.

Supreme Court of Montana.

Decided December 28, 1995.

Attorney(s) appearing for the Case

Kenneth E. O'Brien, Hash, O'Brien & Bartlett, Kalispell, for Appellant.

Ward E. Taleff, Alexander, Baucus, Taleff & Paul, Great Falls, for Respondent.

TRIEWEILER, Justice.

First Security Bank filed a complaint in the District Court for the Ninth Judicial District in Toole County in which it sought to recover amounts allegedly owed by Northern Montana Gas Company to Montana Pacific Oil & Gas Company (MOPOG) based on well head purchase contracts which Northern allegedly breached. Northern's answer included defenses in which it claimed a right to offset against any recovery obtained by the bank the amount of judgments...

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