Federal Deposit Insurance Corporation v. Wallace S. Olsen, Jr. And Katherine E. Olsen

Good Law
89 F.3d 845·1996 WL 344611·1996 U.S. App. LEXIS 34880
United States Court of Appeals for the Ninth CircuitJune 24, 199694-16975California2,575 words

Opinion

Opinion

89 F.3d 845 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff-Appellee, v. Wallace S. OLSEN, Jr. and Katherine E. Olsen, Defendants-Appellants. No. 94-16975. United States Court of Appeals, Ninth Circuit. Argued and Submitted March 13, 1996. Decided June 24, 1996. 1 Before: HALL and BRUNETTI Circuit Judges, and WEINER, 1 Senior District Judge. MEMORANDUM 2 2 The Resolution Trust Corporation (RTC), 3 as receiver for Western Savings and Loan Association, F.A. brought this against Wallace and Katherine Olsen (collectively "Olsens"), alleging liability under a Guarantee the Olsens signed in connection with a condominium project in Phoenix, Arizona. The Olsens later filed a counterclaim against the RTC for breach of contract. By Order of October 9, 1992, the district court dismissed the Olsens' counterclaim 4 ; by Order of June 29, 1994, the court granted summary judgment in favor of the RTC on the main claim. For the reasons which…

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