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FEDERAL DEPOSIT INS. CORP. v. JONES

Nos. 86-3175, 87-3046 and 87-3049.

846 F.2d 221 (1988)

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff-Appellant, v. Alton E. JONES; Oscar E. Jones; Jill G. Jones, Defendants-Appellees. Alton E. JONES, Plaintiff-Appellee, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Defendant-Appellant. (Two Cases)

United States Court of Appeals, Fourth Circuit.

Decided May 5, 1988.

Attorney(s) appearing for the Case

John Randolph Pelzer, Charleston, S.C., (Dennis Christensen, Sullivans Island, S.C., Pelzer & Associates, P.A., Charleston, S.C., John Francis Elmore, Federal Deposit Ins. Corp., on brief), for plaintiff-appellant.

George Richardson Wieters (John W. Minor, Jr., Hughes & Wieters, P.A., Hilton Head Island, S.C., on brief), for defendants-appellees.

Before RUSSELL, WILKINSON, and WILKINS, Circuit Judges.

DONALD RUSSELL, Circuit Judge.

Introductory to a discussion of the actual issues posed in the appeal of Federal Deposit Insurance Corporation's (hereafter "FDIC" or "creditor") motions, we take note of the fact that in one form or another, this case has engaged the attention of federal courts for some eleven years. This extended delay in resolution has not been due to the complexity of the legal issues involved or the development of an extensive factual record. The...

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