Intercontinental Travel Marketing, Inc. v. Federal Deposit Insurance Corporation, as Receiver for Gateway National Bank

How courts have described this case

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

• holding that compliance with FIRREA’s exhaustion requirement was mandatory for both pre- and post-receivership claims
• concluding that FDIC’s failure to comply with mandatory statutory requirement of mailing a notice, when the failure was merely negligent, did not justify precluding the agency from further action
• holding that the district court lacks jurisdiction to consider claims against a failed financial institution unless they are first brought before the FDIC
• concluding that FDIC’s failure to comply -8- with mandatory statutory requirement of mailing a notice, when the failure was merely negligent, did not justify precluding the agency from further action
• concluding that FIRREA’s claims bar date is a jurisdictional requirement
• explaining that waiver and estoppel doctrines do not apply to subject matter jurisdiction

Source: CourtListener parenthetical corpus (CC0).