NIMON v. RESOLUTION TRUST CORP.

No. 92-4361 Summary Calendar.

975 F.2d 240 (1992)

W.H. NIMON, Bonnie K. Nimon, and W.H. Nimon, Trustee for Bonnie K. Nimon, Petitioners, v. RESOLUTION TRUST CORPORATION, Respondent.

United States Court of Appeals, Fifth Circuit.

October 21, 1992.


Attorney(s) appearing for the Case

William B. Cullum, Dallas, Tex., for petitioners.

Donald W. Hill, Nigel F. Gant, Dallas, Tex., Gerald L. Jacobs, Gen. Counsel, Resolution Trust Corp., Washington, D.C., for respondent.

Carmen Sullivan, Regional Director, Resolution Trust Corp., Dallas, Tex., other interested parties.

Before HIGGINBOTHAM, SMITH, and DeMOSS, Circuit Judges.


PATRICK E. HIGGINBOTHAM, Circuit Judge:

We visit again the plague of failures in the thrift industry. Petitioners W.H. Nimon and his wife, Bonnie K. Nimon, seek review of a decision of the Resolution Trust Corporation, denying federal deposit insurance coverage of funds deposited in the now-defunct Southwest Federal Savings and Loan Association. Because RTC's determination was not arbitrary and capricious, we uphold its decision. We also find that the procedures followed...

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