Federal Deposit Ins. Corp. v. Patton Cotton Co.

ORDER

WOODWARD, Chief Judge.

On September 17, 1984, this court considered the defendant’s Request for Remand to State Court in the above-styled case. After considering the defendant’s Request and accompanying brief as well as the plaintiff’s Brief in Opposition to Motion to Remand, this court denies the defendant’s Request.

The Federal Deposit Insurance Corporation (FDIC) pursues this state law claim in its corporate capacity pursuant to a Purchase and Assumption Agreement between the Brownfield State Bank & Trust Company and the FDIC, as receiver of the bank. Under the terms of the agreement,…