Buckingham v. Federal Land Bank Ass'n

REYNOLDSON, Chief Justice.

District court dismissed Clinton and Norma Buckingham’s suit against the Federal Land Bank Association (FLB) after determining the claim was barred by the doctrine of issue preclusion. We transferred the case to the court of appeals, which affirmed. After granting the Bucking-hams’ application for further review, we also affirm.

The events leading to the present appeal were set in motion in 1962. In that year Harriot Buckingham, now deceased, entered into an agreement with her children, Helen, John, and Clinton, to leave certain property to each of them upon her…