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F.D.I.C. v. INDIAN CREEK WAREHOUSE, J.V.

No. 97-3235.

143 F.3d 1111 (1998)

FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for Jackson Exchange Bank and Trust Company, Plaintiff-Appellee, v. INDIAN CREEK WAREHOUSE, J.V., Defendant, Frederick G. Lenertz, Defendant-Appellant.

United States Court of Appeals, Eighth Circuit.

Decided May 7, 1998.

Attorney(s) appearing for the Case

Janel E. LaBoda, Minneapolis, MN, argued, for Appellant.

Michael A. Campbell, St. Louis, MO, argued (Kathy A. Surratt, on the brief), for Appellee.

Before McMILLIAN and LOKEN, Circuit Judges, and BOGUE, Senior District Judge.

BOGUE, Senior District Judge.

The defendant, Frederick G. Lenertz, appeals the district court's2 grant of summary judgment in favor of the plaintiff, Federal Deposit Insurance Corporation (FDIC) in its action to collect monies due under a defaulted promissory note. We affirm.

In 1986 Lenertz, as one of five Joint Venturers,3 executed a loan agreement and promissory note payable to Jackson Exchange Bank...

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