Legal Opinion
Ops Shopping Center, Inc. v. Federal Deposit Ins. Corp.
Court of Appeals for the Eleventh Circuit
Decided May 28, 1993No. 92-2297PublishedCited by 53 opinions
1Opinion of the Court
ANDERSON, Circuit Judge:
OPS Shopping Center (OPS) appeals from the district court’s entry of summary judgment in favor of the Federal Deposit Insurance Corporation (FDIC). OPS sued the FDIC as receiver of the American Bank, in an effort to collect on a $100,000 letter of credit that the bank had issued to Fred and Vasila Konstand. 1 The district court granted the FDIC’s motion for summary judgment, holding that OPS’s claim was barred by both the common law D’Oench doctrine and 12 U.S.C. § 1823(e), which codified the doctrine. For the reasons that follow, we affirm the district court’s order.
I.…
2Cases cited10 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
- Timberland Design, Inc. And William C. Barnsley v. First Service Bank for SavingsCourt of Appeals for the First Circuit · 1991
- 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
- Baumann v. Savers Federal Sav. & Loan Ass'nCourt of Appeals for the Eleventh Circuit · 1991
5 more not listed; retrieve them via the Exa API.
3Cited by53 opinions
- Resolution Trust Corp. v. Dunmar Corp.Court of Appeals for the Eleventh Circuit · 1995
- Federal Deposit Insurance Corporation v. J. William OldenburgCourt of Appeals for the Tenth Circuit · 1994
- 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
- Murphy v. FDICCourt of Appeals for the Eleventh Circuit · 2000
48 more not listed; retrieve them via the Exa API.