Investment Co. of the Southwest v. Reese
New Mexico Supreme Court
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
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- 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
- State Ex Rel. Helman v. GallegosNew Mexico Supreme Court · 1994
- Federal Deposit Insurance Corporation, Plaintiff-Counter v. Roy William Bledsoe, Defendant-Counter Claimant-AppelleeCourt of Appeals for the Fifth Circuit · 1993
- Jackson v. ThweattTexas Supreme Court · 1994
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3Cited by39 opinions
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- State v. ParishNew Mexico Supreme Court · 1994
- Public Service Co. v. Diamond D Construction Co.New Mexico Court of Appeals · 2001
- CONSUMER DATA INDUSTRY ASS'N v. KingCourt of Appeals for the Tenth Circuit · 2012
- State v. KerbyNew Mexico Supreme Court · 2007
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