Jesse M. Lindsey and Louise O. Lindsey v. Federal Deposit Insurance Corporation, as Receiver of Mbank Alamo, N.A. And Ricky Preston
Court of Appeals for the Federal Circuit
1Opinion of the Court
E. GRADY JOLLY, Circuit Judge:
This appeal is over peanuts.
The Lindseys brought suit in state court against MBank Alamo seeking a declaratory judgment that they are the owners of a peanut allotment. The FDIC was appointed receiver of MBank and removed the case to federal district court. The district court granted the FDIC’s motion for summary judgment on the grounds that ownership of the allotment passed to MBank when MBank foreclosed on the land upon which the allotment was in effect. The district court also held that the Lindseys’ claim that they reserved ownership of the allotment was…
2Cases cited7 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Kenneth Walker v. Sears, Roebuck & Co.Court of Appeals for the Fifth Circuit · 1988
- Combustion Engineering, Inc. v. NorrisSupreme Court of Georgia · 1980
- Aguirre v. Armstrong World Industries, Inc.Court of Appeals for the Fifth Circuit · 1990
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