Schettler v. RALRON CAPITAL CORPORATION
Nevada Supreme Court
1Opinion of the Court
OPINION
By the Court,
Hardesty, J.:
In this appeal, we consider whether the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), 12 U.S.C. § 1821 (2006), an act that governs the disposition of failed financial institutions’ assets, divests a court of jurisdiction to consider any defense or affirmative defense not first adjudicated through FIRREA’s claims process. As part of our inquiry, we must determine an issue of first impression in Nevada regarding whether FIRREA’s jurisdictional bar extends to successors in interest to the Federal Deposit Insurance Corporation…
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