Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Richard M. Wood

U.S. Court of Appeals, Sixth Circuit · Decided 1985-03-26

Cited by 159 later decision(s) in our corpus · see the citation network in Lexace

From the opinion

BOYCE F. MARTIN, Jr., Circuit Judge. This is an action by the Federal Deposit Insurance Corporation in its corporate capacity to recover on a note that it purchased as part of a purchase and assumption agreement. The issue is whether the FDIC can recover the full amount of interest payable on the note when the jury found it to be usurious under state law. The district court, in…

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