Motorcity of Jacksonville, Ltd. v. Southeast Bank N.A.
Court of Appeals for the Eleventh Circuit
1Opinion of the Court
ANDERSON, Circuit Judge:
I. INTRODUCTION
In this decision, we consider whether the district court correctly granted a motion to dismiss in favor of appellee Federal Deposit Insurance Corporation (“FDIC”) based upon the D’Oench doctrine. See D’Oench, Duhme & Co., Inc. v. FDIC, 315 U.S. 447, 62 S.Ct. 676, 86 L.Ed. 956 (1942). For the reasons that follow, we affirm the judgment of the district court.
II. FACTS
This case arises from the banking relationship of appellants Motorcity of Jacksonville, Ltd., Motorcity of Jacksonville, Inc., and *1322David S. Hess (collectively “Motoreity”)1 with the financial…
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