K. Key Management Corp. v. Federal Deposit Insurance Corp.
Opinion
We agree with the trial court that it was established without genuine issue that the appellee FDIC, as liquidator of an insolvent state bank, was entitled to foreclosure and that no affirmative defenses were sustainable under the law. See David v. Sun Fed. Sav. & Loan Ass’n, 461 So.2d 93 (Fla.1984); Florida Hay and Land Developers, Inc. v. McDill Columbus Corp., 539 So.2d 570 (Fla. 1st DCA 1989); see also Abdulla Fouad & Sons v. FDIC, 898 F.2d 482 (5th Cir.1990); Lambert v. FDIC, 847 F.2d 604 (9th Cir.1988); FDIC v. La Rambla Shopping Center, Inc., 791 F.2d 215 (1st Cir.1986).
Affirmed.
Free access — add to your briefcase to read the full text and ask questions with AI
572 So. 2d 1024 (K. Key Management Corp. v. Federal Deposit Insurance Corp.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.