Legal Opinion
Federal Deposit Insurance v. McFarland
Court of Appeals for the Fifth Circuit
Decided October 4, 1994No. 93-05262PublishedCited by 17 opinions
1Opinion of the Court
ROBERT M. PARKER, Circuit Judge:
This suit concerns the FDIC’s attempt to recover from viable loans found in a failed bank’s portfolio. Two related appeals emerged from one trial and one memorandum opinion of the district court.
Rose Long McFarland appeals the district court’s enforcement under 12 U.S.C. § 1823(e) of a continuing guaranty agreement which she contends was released prior to the FDIC’s acquisition of the notes which it secured. Concluding that § 1823 does not apply to the release, we reverse the district court’s decision holding Rose McFarland liable under her continuing guaranty.…
2Cases cited32 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
- 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
- Harold v. Beighley v. Federal Deposit Insurance Corporation, Etc.Court of Appeals for the Fifth Circuit · 1989
- United States v. LouisianaSupreme Court of the United States · 1950
27 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Federal Deposit Insurance Corp. v. DeglauCourt of Appeals for the Third Circuit · 2000
- F.D.I.C. v. McFarlandCourt of Appeals for the Third Circuit · 1994
- Federal Financial Co. v. SavageMassachusetts Supreme Judicial Court · 2000
- Estate of Ray v. CommissionerCourt of Appeals for the Fifth Circuit · 1997
- Federal Deposit Insurance Corp. v. Rory S. McFarland Texaco, Inc., Defendant-Third Party v. Premier Venture Capital Corp. David L. Jump, Third Party v. Dennis Joslin Co., L.L.C., Movant-AppellantCourt of Appeals for the Third Circuit · 2001
12 more not listed; retrieve them via the Exa API.