Legal Opinion
Wright v. Federal Deposit Insurance (In Re Still)
United States Bankruptcy Court, N.D. Texas
Decided April 23, 1990No. 19-30464PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM OF OPINION ON PREFERENCE
JOHN C. AKARD, Bankruptcy Judge.
By urging that it is protected under § 550(b)(1) of the Bankruptcy Code, 1 the Federal Deposit Insurance Corporation (FDIC) as the Receiver of First State Bank of Abilene, Abilene, Texas (FSB) seeks to prevent the Trustee’s recovery of a preferential transfer. The court finds that the FDIC does not qualify as a transferee under that section and, therefore, orders the transfer avoided as requested by the Trustee.
Facts
On August 20, 1987, FSB filed a suit against William Harvey Still (Still) in the District Court of Taylor…
2Cases cited8 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Federal Deposit Insurance Corp. v. Henry E. McClanahanCourt of Appeals for the Fifth Circuit · 1986
- Bell & Murphy And Associates, Inc. v. Interfirst Bank Gateway, N.A.Court of Appeals for the First Circuit · 1990
- Evans v. Robbins (In Re Robbins)United States Bankruptcy Court, W.D. Missouri · 1988
- Thistlethwaite v. Federal Deposit Insurance (In Re Pernie Bailey Drilling Co.)United States Bankruptcy Court, W.D. Louisiana · 1990
3 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- CCEC Asset Management Corp. v. Chemical Bank (In Re Consolidated Capital Equities Corp.)United States Bankruptcy Court, N.D. Texas · 1994
- Federal Deposit Insurance v. WrightCourt of Appeals for the Fifth Circuit · 1992
- Federal Deposit Insurance v. Wright (In re Still)District Court, N.D. Texas · 1991
- Still v. WrightCourt of Appeals for the First Circuit · 1992
- Federal Deposit Insurance v. Wright (In Re Still)Court of Appeals for the Fifth Circuit · 1992