Attorney(s) appearing for the Case
Gambrell, Russell & Forbes, Harold L. Russell, Thomas W. Rhodes, Jane K. Wilcox, Atlanta, Ga., for plaintiffs-appellants.
Thomas C. Harney, Kilpatrick & Cody, Atlanta, Ga., for defendants-appellees Vann, Cobble, Chepul, Rankin and Holliday.
John A. Chandler, Sutherland, Asbill & Brennan, J. D. Fleming, Jr., Atlanta, Ga., Frank L. Skillern, Jr., Albert J. Tumpson, Federal Deposit Ins. Corp., Washington, D. C., for defendant Federal Deposit Ins. Corp.
Before MORGAN, KRAVITCH and HENDERSON, Circuit Judges.
United States Court of Appeals, Eleventh Circuit.
KRAVITCH, Circuit Judge:
Appellants William L. and Camille S. Gunter appeal from the district court's grant of summary judgment1 for the Federal Deposit Insurance Corporation [FDIC] in this action by the Gunters to rescind a $3 million note due to alleged securities law violations and fraud. The Gunters assert that the trial court erred in holding that the FDIC was immune from fraud claims under a rule of federal common law. For the reasons...
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