Federal Deposit Insurance v. White

MEMORANDUM OPINION AND ORDER

KAPLAN, United States Magistrate Judge.

Plaintiff Federal Deposit Insurance Corporation has filed a motion to enforce a settlement agreement entered into between the parties to this litigation at the conclusion of a post-trial mediation. Defendants John A. White and Donna A. White have filed a cross-motion to set aside the settlement agreement. For the reasons stated herein, plaintiffs motion is granted and defendants’ motion is denied.

I

The FDIC sued the Whites for violations of the Texas Uniform Fraudulent Transfer Act and civil conspiracy. Following a five-day…