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HERITAGE LAND CO. v. FEDERAL DEPOSIT INS. CORP.

No. CIV-83-142-T.

572 F.Supp. 1265 (1983)

HERITAGE LAND COMPANY, an Oklahoma partnership, Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Receiver of Penn Square Bank, N.A., Defendant.

United States District Court, W.D. Oklahoma.

October 27, 1983.

Attorney(s) appearing for the Case

R. Thomas Beadles, Kent F. Frates, Michael K. Harrah, Oklahoma City, Okl., for plaintiff.

Michael E. Rubenstein, Joe Edwards, Edwards, Roberts & Rubenstein, Oklahoma City, Okl., for defendant.

MEMORANDUM OPINION AND ORDER

RALPH G. THOMPSON, District Judge.

The defendant Federal Deposit Insurance Corporation ["FDIC"], as receiver for Penn Square Bank, has moved both to dismiss, given the pendency of identical litigation in state court, and for summary judgment under Federal Rule 56. The plaintiff has responded in opposition to both motions. For the reasons that follow, the FDIC's motion to dismiss...

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