K. Key Management Corp. v. Federal Deposit Insurance Corp.
K. Key Management Corp. v. Federal Deposit Insurance Corp.
572 So. 2d 1024; 1991 Fla. App. LEXIS 208; 1991 WL 2815
(Southern Reporter, Second Series)
K. Key Management Corp. v. Federal Deposit Insurance Corp.
Opinion of the Court
We agree with the trial court that it was established without genuine issue that the appellee FDIC, as liquidator of an insolvent state bank, was entitled to foreclosure and that no affirmative defenses were sustainable under the law. See David v. Sun Fed. Sav. & Loan Ass’n, 461 So.2d 93 (Fla. 1984); Florida Hay and Land Developers, Inc. v. McDill Columbus Corp., 539 So.2d 570 (Fla. 1st DCA 1989); see also Abdulla Fouad & Sons v. FDIC, 898 F.2d 482 (5th Cir. 1990); Lambert v. FDIC, 847 F.2d 604 (9th Cir. 1988); FDIC v. La Rambla Shopping Center, Inc., 791 F.2d 215 (1st Cir. 1986).
Affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.