Legal Opinion
Irving Independent School District v. Packard Properties, Ltd.
District Court, N.D. Texas
Decided July 18, 1990No. Civ. A. CA3-88-1611-DPublishedCited by 16 opinions
1Opinion of the Court
FITZWATER, District Judge:
In this civil action the court decides that the Federal Deposit Insurance Corporation (“FDIC”) cannot be held liable for Texas state law penalty and interest obligations arising from nonpayment of ad valorem taxes.
I
Plaintiff Irving Independent School District (“Irving”) initiated this action in Texas state court against defendants Packard Properties, Ltd., Montfort Savings, and Carlyle Management, Inc. In its state court petition Irving sought recovery of approximately $35,000 in unpaid ad valo-rem taxes on certain real property located within the boundaries of…
2Cases cited6 opinions
- M'culloch v. State of MarylandSupreme Court of the United States · 1819
- Reconstruction Finance Corporation v. Beaver CountySupreme Court of the United States · 1946
- First Agricultural National Bank of Berkshire County v. State Tax CommissionSupreme Court of the United States · 1968
- Reconstruction Finance Corporation and Federal Facilities Corporation v. The State of TexasCourt of Appeals for the Fifth Circuit · 1956
- The Louisiana Land and Exploration Company v. Pilot Petroleum CorporationCourt of Appeals for the Fifth Circuit · 1990
1 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Rtc Commercial Assets Trust 1995-Np3-1, a Delaware Business Trust v. Phoenix Bond & Indemnity Co.Court of Appeals for the Seventh Circuit · 1999
- In Re: County of Orange, Debtor. Federal Deposit Insurance Corporation, Appellant-Cross-Appellee v. County of Orange, Appellee-Cross-AppellantCourt of Appeals for the Ninth Circuit · 2001
- Irving Independent School District v. Packard PropertiesCourt of Appeals for the Fifth Circuit · 1992
- Irving Independent School District v. Packard Properties, Ltd.District Court, N.D. Texas · 1991
- Carrollton-Farmers Branch Independent School District v. Federal Deposit InsuranceDistrict Court, N.D. Texas · 1991
11 more not listed; retrieve them via the Exa API.