I. David Porras, A/K/A David C. Porras, and William H. Edmiston, Intervening v. Petroplex Savings Association, Olney Savings Association

How courts have described this case

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

• holding that the protections accorded the FDIC under the D'Oench, Duhme doctrine apply to private assignee
• stating that assignees of the FSLIC enjoy the protection from claims or defenses based upon oral side agreements
• “Extending D’Oench, Duhme to transferees of assets from the FSLIC ... provides the FSLIC with greater opportunity to protect the failed institution’s assets.”
• private parties that purchase the assets of failed banks are entitled to D’Oench, Duhme protection
• D'Oench promotes purchase and assumption transactions by offering the purchaser protection from secret agreements
• loans for a construction project

Source: CourtListener parenthetical corpus (CC0).