Divall Insured Income Fund Limited Partnership, a Wisconsin Limited Partnership v. Boatmen's First National Bank of Kansas City

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that O’Melveny & Meyers removes federal common-law D’Oench, Duhme doctrine and federal holder in due course doctrine as separate bars to defenses against FDIC
• “Accordingly, we hold that O’Melveny removes . . . the federal holder in due course doctrine .... [T]he holder in due course issue must be decided under state law”
• federal common law doctrine and federal holder-in-due-course doctrine are no longer viable under recent Supreme Court case law

Source: CourtListener parenthetical corpus (CC0).