Federal Deposit Insurance v. Walker

MEMORANDUM OPINION AND ORDER

McBRYDE, District Judge.

Came on for consideration the motions of plaintiff, Federal Deposit Insurance Corporation, in its corporate capacity, to dismiss the counterclaim of defendant, Joe Walker, and to cancel lis pendens. The court, having considered the motions, the responses, the record and applicable authorities, finds that the motions should be granted as set forth herein.

The sequence of events giving rise to this action, when construed in the light most favorable to defendant, is as follows: In or about May of 1989, defendant entered into an agreement with…