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GRUBB v. FEDERAL DEPOSIT INS. CORP.

Nos. 86-1687, 86-1728.

833 F.2d 222 (1987)

Ron GRUBB and Weatherford Interstate Financial Corporation, Plaintiffs-Appellees, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant-Appellant.

United States Court of Appeals, Tenth Circuit.

Opinion on Denial of Rehearing and Rehearing February 16, 1988.

Attorney(s) appearing for the Case

Michael Paul Kirschner (Jackie L. Hill, Jr., with him on the briefs) of Hastie and Kirschner, Oklahoma City, Okl., for defendant-appellant.

Terry W. Tippens (Eric S. Eissenstat with him on the briefs) of Fellers, Snider, Blankenship, Bailey & Tippens, Oklahoma City, Okl., for plaintiffs-appellees.

Before SEYMOUR, McWILLIAMS and MOORE, Circuit Judges.

Opinion on Denial of Rehearing and Rehearing En Banc February 16, 1988.

SEYMOUR, Circuit Judge.

Federal Deposit Insurance Corporation (FDIC) has moved this court to exonerate supersedeas bonds posted to secure a stay of execution of the judgments below pending this appeal. FDIC contends that, as an entity of the United States government, it is entitled by 28 U.S.C. § 2408 (1982) to be relieved of the obligation to furnish and maintain security. We disagree...

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