Matagorda County v. Russell Law

How courts have described this case

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

• holding that a tax lien cannot be foreclosed so as to extinguish the FDIC’s interest in the property unless the FDIC consents
• stating that it need not rely on FDIC’s Tax Policy Statement because statute’s language is unambiguous
• noting that the definition of “property” is governed by federal law, and holding that the FDIC’s lien interest in a property was “property of the [FDIC]” under FIRREA’s nearly identical foreclosure bar
• looking to property's value as of the time of the district court's judgment in assessing whether federal lien could be preserved
• rejecting premise that “property” of the FDIC under FIRREA’s foreclosure bar should be defined by state law
• state tax lien could not be foreclosed under FIRREA without consent of FDIC

Source: CourtListener parenthetical corpus (CC0).