Legal Opinion
Stovall v. Federal Savings & Loan Insurance
Supreme Court of Georgia
Decided October 4, 1990No. S90A0773PublishedCited by 5 opinions
1Opinion of the Court
Smith, Presiding Justice.
Commonwealth Savings sued the appellants, James T. Stovall, Thomas R. Spradlin, and Barry J. Israel, for defaulting on certain promissory notes in relation to a condominium investment. The trial court allowed the appellee, Federal Savings and Loan Insurance Corporation (FSLIC) to intervene and held that the estoppel rule established in D’Oench, Duhme & Co. v. FDIC, 315 U. S. 447 (62 SC 676, 86 LE 956) (1942), applied and barred certain defenses raised by the appellants. The trial court also denied the appellants’ motion to dismiss for failure to join Condominium…
2Cases cited3 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
- Peoples Bank v. North Carolina National BankSupreme Court of Georgia · 1973
3Cited by5 opinions
- Federal Financial Co. v. HoldenSupreme Court of Georgia · 1997
- Kessler v. Multibank 2009-1 Cre Venture, LLCCourt of Appeals of Georgia · 2013
- Queen v. First Service Bank for Savings (In Re Queen)United States Bankruptcy Court, D. New Hampshire · 1991
- LaSonde v. A & E Real Estate Sales & Management, Inc.Court of Appeals of Georgia · 1998
- Jay D. Kessler v. Multibank 2009-1 Cre Venture, LLCCourt of Appeals of Georgia · 2013