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F.D.I.C. v. ESTRADA-RIVERA

Nos. 11-2113, 11-2433.

722 F.3d 50 (2013)

FEDERAL DEPOSIT INSURANCE CORPORATION as Receiver for R-G Premier Bank of Puerto Rico, Plaintiff, Appellee, v. Digno Emérito ESTRADA-RIVERA; Edith Delia Colón-Feliciano; Conjugal Partnership Estrada-Colón; Emérito Estrada Rivera-Isuzu De Puerto Rico, Inc., Defendants, Appellants.

United States Court of Appeals, First Circuit.

July 3, 2013.

Attorney(s) appearing for the Case

Guillermo F. DeGuzmán , with whom DeGuzmán Law Offices was on brief, for appellants.

Kathleen V. Gunning , Counsel, Federal Deposit Insurance Corporation, with whom Colleen Boles , Assistant General Counsel, and Lawrence H. Richmond , Senior Counsel, were on brief, for appellee.

Before TORRUELLA, LIPEZ, and THOMPSON, Circuit Judges.

LIPEZ, Circuit Judge.

Appellants challenge the district court's grant of summary judgment for the Federal Deposit Insurance Corporation ("FDIC") in a collection action stemming from their default on a $700,000 loan. They contend that their lending bank — later taken over by the FDIC — caused the default by failing to follow through on a promised loan to a third-party. The district court also dismissed a counterclaim based on that contention for lack...

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