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BEIGHLEY v. FEDERAL DEPOSIT INS. CORP.

Civ. A. No. CA-5-85-324.

676 F.Supp. 130 (1987)

Harold V. BEIGHLEY and wife Mary Beighley, and El Rancho Pinoso, Inc., a corporation, Plaintiffs, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Receiver of Moncor Bank, N.A., Hobbs, New Mexico, Defendant.

United States District Court, N.D. Texas, Lubbock Division.

December 30, 1987.

Attorney(s) appearing for the Case

Johnny Roy Phillips, Seminole, Tex., Thomas W. George, Lee Vickers, Austin, Tex., for plaintiffs.

Harold H. Pigg, Brock, Morton & Pigg, Lubbock, Tex., for defendant.

ORDER

WOODWARD, Senior District Judge.

Following upon a loan transaction the details of which are here disputed, Plaintiffs began this action in state court charging Moncor Bank, N.A., Hobbs, New Mexico (Moncor), with breach of contract, common law fraud, fraud under Tex.Bus. & Com.Code Ann. § 27.01; breach of fiduciary duty, promissory estoppel, and breach of agency contract. In the alternative to money damages, plaintiffs asked for equitable relief...

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