Legal Opinion

Larry D. Davies v. Mike Johanns

Court of Appeals for the Eighth Circuit

Decided February 14, 2007No. 06-1403PublishedCited by 1 opinion

1Opinion of the Court

WOLLMAN, Circuit Judge.

The Davieses are farmers who entered into a ten-year Shared Appreciation Agreement (SAA) with the Farmers Home Administration (FmHA), pursuant to which the FmHA agreed to write down a portion of their debt in exchange for a percentage of the appreciation in the value of their property during the term of the agreement. Upon the expiration of the agreement, the Farm Service Agency (FSA) 1 sought to recapture a portion of the appreciation. The Davieses contested the manner in which the FSA assessed the amount that their property had appreciated and, after pursuing…

2Cases cited7 opinions

  1. Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
  2. Gillespie v. United States Steel Corp.Supreme Court of the United States · 1964
  3. Mobil Oil Exploration & Producing Southeast, Inc. v. United StatesSupreme Court of the United States · 2000
  4. James L. Hanauer v. Robert B. Reich, Secretary of LaborCourt of Appeals for the Fourth Circuit · 1996
  5. LEE BORNTRAGER, PLAINTIFFS—APPELLEES v. CENTRAL STATES, SOUTHEAST AND SOUTHWEST AREAS PENSION FUND, DEFENDANT—APPELLANTCourt of Appeals for the Eighth Circuit · 2005

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3Cited by1 opinion

  1. Davies v. JohannsCourt of Appeals for the Eighth Circuit · 2007

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