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RAUSCHER PIERCE REFSNES, INC. v. F.D.I.C.

No. 85-1734.

789 F.2d 313 (1986)

RAUSCHER PIERCE REFSNES, INC., Plaintiff-Appellee, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

May 9, 1986.

Attorney(s) appearing for the Case

Kemp, Smith, Duncan & Hammond, E. Link Beck, Mark N. Osborn, El Paso, Tex., for defendant-appellant.

Carrington, Coleman, Sloman & Blumenthal, William B. Dawson, Susan Cass Marks, Dallas, Tex., for plaintiff-appellee.

Before JOLLY and HILL, Circuit Judges, and EDWIN F. HUNTER, Jr., District Judge.

OPINION

EDWIN F. HUNTER, Jr., District Judge:

In this case, we must decide whether the Federal Deposit Insurance Corporation (FDIC) is a government agency so that the sixty-day period for filing answers applies instead of the usual twenty-day period. The district court answered in the negative, and entered a default judgment against the FDIC because it had not filed its answer within the twenty days of service of the complaint. The Federal Rules of Civil...

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