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FEDERAL DEPOSIT INS. CORP. v. INDUCTO-BEND, INC.

Civ. A. No. H-90-1128.

753 F.Supp. 651 (1991)

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff, v. INDUCTO-BEND, INC., et al., Defendants, and Joseph Dale Robertson, Trustee, Intervenor.

United States District Court, S.D. Texas, Houston Division.

January 2, 1991.

Attorney(s) appearing for the Case

Gary E. Tulloch, Houston, Tex., for plaintiff.

John S. Mastrangelo, Houston, Tex., for defendants.

OPINION ON FINAL JUDGMENT

HUGHES, District Judge.

1. Introduction.

The Federal Deposit Insurance Corporation (FDIC) sought to recover immediate possession of land acquired by the failed bank at foreclosure. After removal, an adverse claimant to title under a contract with the FDIC intervened. Title, against the parties defendant, is in the FDIC, and it has the right to immediate possession and past rentals.

2. Background.

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