Langley v. Federal Deposit Insurance

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 doctrine extends to conditions to payment of a note, including the truth of express warranties
• recognizing that “fraud in the inducement ... renders [a contract] voidable but not void”
• holding that the agreement not merely must be in the bank’s records at the time of an examination, but also must have been executed and become a bank record contemporaneously with the making of the note
• recognizing that “fraud in the inducement ... renders [a contract] voidable but not void”
• observing that a borrower’s claim of fraud in the factum would not be barred by D’Oench
• explaining that the term “agreement” in § 1823(e) should be interpreted broadly to comport with the policies underlying the common law D’Oench doctrine

Source: CourtListener parenthetical corpus (CC0).