Legal Opinion
In Re Federal Savings and Loan Insurance Corporation, Seth Ward v. Federal Deposit Insurance Corporation
Court of Appeals for the Eighth Circuit
Decided August 7, 1989No. 89-1961, 89-1980PublishedCited by 4 opinions
1Opinion of the Court
ARNOLD, Circuit Judge.
Seth Ward brought this breach-of-contract case against Madison Guaranty Savings and Loan Association and Madison Financial Corporation in the Arkansas state courts. Judgment was entered in Ward’s favor in the Circuit Court of Pulaski County, Arkansas. Madison Guaranty and Madison Financial appealed to the Arkansas Court of Appeals. Thereafter, the Federal Home Loan Bank Board declared Madison Guaranty insolvent, and the Federal Savings and Loan Insurance Corporation (FSLIC), acting through the Federal Deposit Insurance Corporation as manager, took over the operation and…
2Cases cited4 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Waco v. United States Fidelity & Guaranty Co.Supreme Court of the United States · 1934
- In Re Savers Federal Savings & Loan Assoc., the Federal Savings and Loan Ins. Corp.Court of Appeals for the Eleventh Circuit · 1989
- In Re Federal Savings and Loan Insurance Corporation, as Receiver for Sunrise Savings and Loan AssociationCourt of Appeals for the Eleventh Circuit · 1988
3Cited by4 opinions
- Bruce Nutter v. Monongahela Power Company, in Re Monongahela Power CompanyCourt of Appeals for the Fourth Circuit · 1993
- In Re Resolution Trust Corporation, Seth Ward v. Resolution Trust CorporationCourt of Appeals for the Eighth Circuit · 1989
- Juan Hernandez and Guadelupe Hernandez v. Brakegate, Ltd.Court of Appeals for the Seventh Circuit · 1991
- Federal Deposit Ins. Corp. v. SellardsDistrict Court, N.D. Texas · 1990