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[Download] "Rex M. Huston v. Federal Deposit Insurance Corporation Its Capacity As Receiver" by Supreme Court Of Utah * eBook PDF Kindle ePub Free

Rex M. Huston v. Federal Deposit Insurance Corporation Its Capacity As Receiver

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eBook details

  • Title: Rex M. Huston v. Federal Deposit Insurance Corporation Its Capacity As Receiver
  • Author : Supreme Court Of Utah
  • Release Date : January 31, 1990
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 82 KB

Description

This case involves the issues of (1) whether final orders resolving discrete issues during the course of a state bank receivership must be timely appealed or be waived; and (2) whether interest may be paid on the claims of the creditors of a failed state bank. The court of appeals held that the Federal Deposit Insurance Corporation (F.D.I.C.) could wait to appeal the trial courts order denying interest to the claims of the banks creditors until the trial court rendered its final termination order of the receivership. 757 S.W.2d 912. We hold that orders which resolve discrete issues in connection with any receivership are appealable. However, because it would be unfair to apply this decision retrospectively as discussed herein, we reverse the judgment of the court of appeals and affirm the trial courts judgment denying interest claims of the estates creditors.


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