Legal Opinion
Spears v. Federal Deposit Insurance
Court of Appeals for the Tenth Circuit
Decided June 26, 1986No. 85-1574PublishedCited by 2 opinions
1Opinion of the Court
LOGAN, Circuit Judge.
This appeal involves an ownership dispute over an 8.5 acre tract of land. The parties are the trustee of First Penn Corporation, the one-bank holding company for Penn Square Bank, N.A., and the Federal Deposit Insurance Corporation (FDIC) in its capacity as receiver of the bank.
*271Between 1974 and 1981 Penn Square owned the tract and constructed and operated a drive-in bank facility on a portion of it. In July 1981 the bank’s board of directors unanimously adopted a resolution authorizing the sale of the tract without its improvements to First Penn for $469,-425.68, the…
2Cases cited14 opinions
- Easterling v. FerrisSupreme Court of Oklahoma · 1982
- Hibernia National Bank v. Federal Deposit Insurance CorporationCourt of Appeals for the Tenth Circuit · 1984
- Northern Sugar Corporation v. ThompsonCourt of Appeals for the Eighth Circuit · 1926
- E. H. Boly & Son, Inc. v. C. Richard SchneiderCourt of Appeals for the Ninth Circuit · 1975
- Kershaw v. JenkinsCourt of Appeals for the Tenth Circuit · 1934
9 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Estate of Pidcock v. Sunnyland America, Inc.District Court, S.D. Georgia · 1989
- In Re First Penn CorporationCourt of Appeals for the First Circuit · 1986