Federal Deposit Insurance Corporation, as Receiver of Penn Square Bank, N.A. v. Robert C. Van Laanen

After examining the briefs and the appellate record, this three-judge panel has determined unanimously that oral argument would not be of material assistance in the determination of this appeal. See Fed.R. App.P. 34(a), Tenth Circuit R. 10(e). The cause is therefore submitted without oral argument.

The issue in this case is whether the district court erred in holding that the defendant was estopped from denying liability in an action by the FDIC to collect on an assumption agreement.

The FDIC, as receiver for the Penn Square Bank, seeks to collect $35,000 from the defendant based on an…