Southern Industrial Realty, Inc. v. William J. Noe

First Circuit

Southern Industrial Realty, Inc. v. William J. Noe

814 F.2d 1, 1987 U.S. App. LEXIS 3655

Court of Appeals for the First Circuit·Decided March 4, 1987·No. 86-1490·Published·Cited by 3 cases

Opinion

PER CURIAM.

Since the FDIC has a complete defense to state and common law fraud claims on a note it acquired for value, in good faith, and without actual knowledge of fraud at the time of acquisition, Gunter v. Hutcheson, 674 F.2d 862 (11th Cir.), cert. denied, 459 U.S. 826, 103 S.Ct. 60, 74 L.Ed.2d 63 (1982); Gilman v. Federal Deposit Insurance Corp., 660 F.2d 688 (6th Cir.1981), we affirm the judgment of the district court for the reasons stated in the district court’s August 31, 1983 Opinion and Order and January 29, 1986, 628 F.Supp. 92, Memorandum Opinion and Order of Judgment.

Free access — add to your briefcase to read the full text and ask questions with AI

PER CURIAM.

Since the FDIC has a complete defense to state and common law fraud claims on a note it acquired for value, in good faith, and without actual knowledge of fraud at the time of acquisition, Gunter v. Hutcheson, 674 F.2d 862 (11th Cir.), cert. denied, 459 U.S. 826, 103 S.Ct. 60, 74 L.Ed.2d 63 (1982); Gilman v. Federal Deposit Insurance Corp., 660 F.2d 688 (6th Cir.1981), we affirm the judgment of the district court for the reasons stated in the district court’s August 31, 1983 Opinion and Order and January 29, 1986, 628 F.Supp. 92, Memorandum Opinion and Order of Judgment.

Southern Industrial Realty, Inc. v. William J. Noe, 814 F.2d 1, 1987 U.S. App. LEXIS 3655 (1st Cir. 1987).

Pincite

814 F.2d 1 (Southern Industrial Realty, Inc. v. William J. Noe) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Opinion

Related