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RIGGS NAT. BANK OF WASHINGTON, D.C. v. LINCH

Civ. A. Nos. 92-1363-A, 92-1418-A.

829 F.Supp. 163 (1993)

The RIGGS NATIONAL BANK OF WASHINGTON, D.C., Plaintiff, v. Samuel A. LINCH and Marcia Penny Linch, Defendants. Samuel A. LINCH, et al., Plaintiffs, v. The RIGGS NATIONAL BANK OF WASHINGTON, D.C., Defendant.

United States District Court, E.D. Virginia, Alexandria Division.

August 3, 1993.

Attorney(s) appearing for the Case

David G. Fiske, Shaw, Pittman, Potts & Trowbridge, Washington DC, for Riggs Nat. Bank.

Sharon L. Terry, David & Hagner, P.C., Washington DC, for Linch, et al.

MEMORANDUM OPINION

CACHERIS, Chief Judge.

The Riggs National Bank of Washington, D.C. ("Riggs") filed Civil Action No. 92-1363-A against Samuel A. Linch and Marcia Penny Linch ("Linches") on September 28, 1992, to collect funds on a defaulted promissory note. The Linches personally guaranteed the promissory note, along with Albert C. Randolph ("Randolph"). Riggs seeks to recover the $11,078,942.97 principal plus interest and late charges. On October...

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