Legal Opinion
George John and Sandra John v. Resolution Trust Corporation, Receiver of Germania Bank, a Federal Savings Bank
Court of Appeals for the Seventh Circuit
Decided November 8, 1994No. 94-1043PublishedCited by 22 opinions
1Opinion of the Court
CUMMINGS, Circuit Judge.
The walls of the residence at 408 Bauer Lane, CollinsvUle, IUinois were cracking as the house was sinking into the ground. Ger-mania Savings and Loan Association (“Ger-mania”) plastered over cracks in the exterior walls to conceal the subsidence before selling the house. The issue presented in this case is whether the doctrine of D’Oench estoppel 1 bars the buyers, George and Sandra John, from recovering for fraud against Germania’s successor, the Resolution Trust Corporation (“RTC”).
BACKGROUND
On January 10, 1985, George P. John and Sandra J. John purchased this…
2Cases cited13 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
- James N. And Betty G. Bowen v. Federal Deposit Insurance Corporation, as Receiver for First Republicbank--El PasoCourt of Appeals for the First Circuit · 1990
- Howell v. Continental Credit Corp.Court of Appeals for the Seventh Circuit · 1981
- Posner v. DavisAppellate Court of Illinois · 1979
8 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- Young v. Federal Deposit InsuranceCourt of Appeals for the Fourth Circuit · 1997
- Young v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1997
- Motorcity of Jacksonville, Ltd. v. Southeast Bank N.A.Court of Appeals for the Eleventh Circuit · 1996
- The Inn At Saratoga Associates v. Federal Deposit Insurance CorporationCourt of Appeals for the Second Circuit · 1995
- Maryland National Bank v. Resolution Trust Corp.District Court, D. Maryland · 1995
17 more not listed; retrieve them via the Exa API.