Federal Deposit Insurance v. Modular Homes, Inc.
District Court, D. New Jersey
1Opinion of the Court
OPINION
WOLIN, District Judge.
Before the Court is the motion of plaintiff, Federal Deposit Insurance Corporation (“FDIC”). A plethora of issues arises out of what seems to be a simple motion by the FDIC to dismiss affirmative defenses raised by the defendants, Modular Homes, Inc., Va Excel Homes, William & Rosalind Higgins, and Hugh and Margaret Walsh (collectively “Modular”), in response to the FDIC’s foreclosure action. The FDIC argues that based on the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA), 12 U.S.C. section 1821(d), the Court lacks subject matter jurisdiction…
2Cases cited44 opinions
- Parklane Hosiery Co. v. ShoreSupreme Court of the United States · 1979
- Hanna v. PlumerSupreme Court of the United States · 1965
- Logan v. Zimmerman Brush Co.Supreme Court of the United States · 1982
- O'Melveny & Myers v. Federal Deposit InsuranceSupreme Court of the United States · 1994
- Guaranty Trust Co. v. United StatesSupreme Court of the United States · 1938
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