Georgia Railroad Bank & Trust Co. v. Federal Deposit Insurance

R. LANIER ANDERSON, III, Circuit Judge:

Georgia Railroad Bank & Trust Company (“Georgia Railroad”) appeals from a decision of the district court granting summary judgment to the Federal Deposit Insurance Corporation (“the Corporation”) on Count I, holding, inter alia, that Georgia Railroad was not a third-party beneficiary. The Corporation cross-appeals from the district court’s decision after a bench trial on Count II, finding an enforceable oral agreement between Georgia Railroad, the Corporation, and the Federal Deposit Insurance Corporation as receiver (“the Receiver”)1 of the insolvent…