Trembling Prairie Land Co. v. Verspoor
Court of Appeals for the Fifth Circuit
1Opinion of the Court
STEWART, Circuit Judge:
This is an appeal of an order of summary judgment entered by the district court in favor of the Intervenor Plaintiff-Appellee, the Federal Deposit Insurance Corporation (“FDIC”). Certain lands owned by the FDIC’s ancestor-in-title were sold at a tax sale before the FDIC was named receiver. The FDIC wished to set the sales aside. The district court found that the FDIC did not consent to foreclosure of its property as necessitated by 12 USC § 1825(b)(2) of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”). Therefore, the district court…
2Cases cited14 opinions
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- Schweiker v. HoganSupreme Court of the United States · 1982
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