FEDERAL DEPOSIT INS. CORP. v. MORRISON

No. 83-7561.

747 F.2d 610 (1984)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its corporate capacity, Plaintiff-Appellant, v. Grady P. MORRISON, Defendant-Appellee.

United States Court of Appeals, Eleventh Circuit.

November 27, 1984.


Attorney(s) appearing for the Case

William D. Hudson, Howard B. Warren, Gadsden, Ala., Thomas S. Richey, Atlanta, Ga., for plaintiff-appellant.

Romaine S. Scott, III, Inge, Twitty, Duffy & Prince, Mobile, Ala., amicus curiae, for Alliance Mortgage Co.

James S. Hubbard, Anniston, Ala., for Morrison.

Before HILL and HENDERSON, Circuit Judges, and WISDOM, Senior Circuit Judge.


ALBERT J. HENDERSON, Circuit Judge:

The Federal Deposit Insurance Corporation (FDIC) appeals from dismissal by the United States District Court for the Northern District of Alabama, 568 F.Supp. 1240, of its suit for a deficiency judgment. We reverse and remand.

On August 4, 1979, the appellee, Grady P. Morrison, and his employee, Dorothy Ray, jointly owned real estate in Ohatchee...

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