Legal Opinion

Investment Co. of the Southwest v. Reese

New Mexico Supreme Court

Decided April 21, 1994No. 21213PublishedCited by 39 opinions

1Opinion of the Court

OPINION

FROST, Justice.

The issue before us is one of first impression in New Mexico: Whether the federal statute of limitations contained in 12 U.S.C. § 1821(d)(14) (Supp. IV 1992) of the United States Banking Code applies to a successor in interest to the Federal Deposit Insurance Corporation (FDIC). The district court held that the successor in interest could not take advantage of the federal limitations period and granted summary judgment dismissing Plaintiffs complaint. We reach a contrary conclusion and accordingly reverse.

I. FACTS

On June 3, 1983, Defendant-Appellees Harold Reese and…

2Cases cited41 opinions

  1. D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
  2. Fed. Sec. L. Rep. P 98,654 William L. Gunter and Camille S. Gunter v. Theodore M. HutchesonCourt of Appeals for the Eleventh Circuit · 1982
  3. State Ex Rel. Helman v. GallegosNew Mexico Supreme Court · 1994
  4. Federal Deposit Insurance Corporation, Plaintiff-Counter v. Roy William Bledsoe, Defendant-Counter Claimant-AppelleeCourt of Appeals for the Fifth Circuit · 1993
  5. Jackson v. ThweattTexas Supreme Court · 1994

36 more not listed; retrieve them via the Exa API.

3Cited by39 opinions

  1. HOLY CROSS CHURCH OF GOD IN CHRIST v. WolfTexas Supreme Court · 2001
  2. State v. ParishNew Mexico Supreme Court · 1994
  3. Public Service Co. v. Diamond D Construction Co.New Mexico Court of Appeals · 2001
  4. CONSUMER DATA INDUSTRY ASS'N v. KingCourt of Appeals for the Tenth Circuit · 2012
  5. State v. KerbyNew Mexico Supreme Court · 2007

34 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API