Federal Deposit Insurance Corporation v. Hoover-Morris Enterprises, Etc.

How courts have described this case

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

• holding that § 1823(e) applies to all side agreements, including those between an obligor and a third party
• holding that Sec. 1823(e) applies to all side agreements, including those between an obligor and a third party
• stating that both 1823(e) and D’Oench, Duhme are available to the FDIC
• obligor asserted that bank had agreed to take a deed in satisfaction of the debt
• § 1823(e) prevented borrower from asserting oral agreement that deficiency judgment would not be sought
• borrower participated in unwritten side agreement which would defeat FDIC's interest in the loan

Source: CourtListener parenthetical corpus (CC0).