Legal Opinion
Federal Deposit Insurance Corporation v. Texarkana National Bank
Court of Appeals for the Fifth Circuit
Decided July 19, 1989No. 88-2216PublishedCited by 43 opinions
1Opinion of the Court
JERRE S. WILLIAMS, Circuit Judge:
This action arose out of the closure and forced receivership of Guaranty Bond State Bank (GBSB). The Federal Deposit Insurance Corporation (FDIC) brought suit for breach of contract against Texarkana National Bank (TNB) to honor amounts alleged to be due to GBSB under two certificates of deposit, three loan participation agreements, and an Automatic Teller Machine (ATM) Agreement. TNB asserted by way of an affirmative defense that it had properly set off these liabilities against a number of liabilities of GBSB owing to it. TNB also counterclaimed for…
2Cases cited17 opinions
- United States v. United States Gypsum Co.Supreme Court of the United States · 1948
- 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
- Universal C. I. T. Credit Corp. v. DanielTexas Supreme Court · 1951
- Scott v. ArmstrongSupreme Court of the United States · 1892
12 more not listed; retrieve them via the Exa API.
3Cited by43 opinions
- Resolution Trust Corp. v. Dunmar Corp.Court of Appeals for the Eleventh Circuit · 1995
- Sierra Club, Lone Star Chapter, Plaintiff-Counter v. Cedar Point Oil Company Inc., Defendant-Counter Claimant-Appellant. Sierra Club, Lone Star Chapter, Plaintiff-Counter v. Cedar Point Oil Company Inc., Defendant-Counter Claimant-AppelleeCourt of Appeals for the Fifth Circuit · 1996
- Sierra Club, Lone Star Chapter v. Cedar Point Oil Co.Court of Appeals for the Fifth Circuit · 1996
- Anderson v. CollinsCourt of Appeals for the Fifth Circuit · 1994
- Branch v. Federal Deposit InsuranceDistrict Court, D. Massachusetts · 1993
38 more not listed; retrieve them via the Exa API.