Federal Deposit Insurance v. Scott
Court of Appeals for the Fifth Circuit
1Opinion of the Court
PATRICK E. HIGGINBOTHAM, Circuit Judge:
Federal Deposit Insurance Corporation appeals summary judgment granted to Tom Scott, Jr., on his indemnification claim against the FDIC. We find that the district court lacked jurisdiction over Scott’s counterclaim because he failed to exhaust his admin istrative remedies with the FDIC, as required by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
I
This case arises out of the troubled history of a Mississippi savings and loan association. On August 10, 1989, the Office of Thrift Supervision appointed the Resolution Trust…
2Cases cited25 opinions
- Patsy v. Board of Regents of Fla.Supreme Court of the United States · 1982
- McCarthy v. MadiganSupreme Court of the United States · 1992
- Coit Independence Joint Venture v. Federal Savings & Loan InsuranceSupreme Court of the United States · 1989
- The Resolution Trust Corp. v. Leonard S. Elman Berger, Steingut, Tarnoff & SternCourt of Appeals for the Second Circuit · 1991
- National Union Fire Insurance Company of Pittsburgh, Pa v. City SavingsCourt of Appeals for the Third Circuit · 1994
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3Cited by18 opinions
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- Carlyle Towers Condominium Association, Inc. v. Federal Deposit Insurance CorporationCourt of Appeals for the Second Circuit · 1999
- Carlyle Towers Condominium Ass'n v. Federal Deposit InsuranceCourt of Appeals for the Second Circuit · 1999
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