North American Savings Bank v. Resolution Trust Corporation as Receiver of Valley Federal Savings Association

GOLDBERG, Judge.

The Resolution Trust Corporation as Receiver of Valley Federal Savings and Loan (the “RTC”) appeals the district court’s hold ing denying it declaratory relief and damages for breach of a letter agreement between Valley Federal Savings and Loan (“Valley Federal”) and North American Savings Bank (“North American”). The district court entered summary judgment against the RTC after finding that the parol evidence rule barred the letter agreement from serving as part of a final contract between Valley Federal and North American. We reverse the judgment of the district court and…