Rew Enterprises, Inc. As Receiver for Federal Land Bank of Jackson v. Premier Bank, N.A., F/k/a Ouachita National Bank, Cross-Appellee
Court of Appeals for the Fifth Circuit
1Opinion of the Court
PATRICK E. HIGGINBOTHAM, Circuit Judge:
The Farm Credit Bank of Texas seeks to recover a payment made by the Federal Land Bank of Jackson to Premier Bank. 1 FCBT seeks to rescind the payment transaction as ultra vires or as payment of a thing not due under Louisiana law. Premier claims that FCBT is equitably estopped from relying on an ultra vires claim. Premier also counterclaims for recoupment.
The district court granted summary judgment for FCBT on the ultra vires claim and against Premier on the recoupment claim. It also held that FCBT abandoned its alternative state law claims. Premier…
2Cases cited20 opinions
- M'culloch v. State of MarylandSupreme Court of the United States · 1819
- Federal Crop Ins. Corp. v. MerrillSupreme Court of the United States · 1947
- Office of Personnel Management v. RichmondSupreme Court of the United States · 1990
- Federal Land Bank of St. Paul v. Bismarck Lumber Co.Supreme Court of the United States · 1941
- United States Immigration & Naturalization Service v. HibiSupreme Court of the United States · 1973
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- United States of America, United States of America, State of Louisiana, Intervenor-Appellee v. Marine Shale Processors, Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1996
- State of California v. United StatesCourt of Appeals for the Federal Circuit · 2001
- United States v. BloomCourt of Appeals for the Fifth Circuit · 1997
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