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FARHA v. F.D.I.C.

No. 91-6191.

963 F.2d 283 (1992)

Fareed M. FARHA, Trustee of the Farha Sales, Inc., Defined Benefit Pension Plan, Plaintiff/Appellant, Fareed M. Farha, an individual, Additional Party Plaintiff/Appellant, Rebecca O. Farha, an individual, Additional Party Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION, a corporation, Defendant/Appellee, Federal Deposit Insurance Corporation, as Liquidating Agent for First National Bank of Luther, Luther, Oklahoma, Intervenor-Additional Defendant/Appellee.

United States Court of Appeals, Tenth Circuit.

April 23, 1992.

Attorney(s) appearing for the Case

F.H. Wright, Wright & Cole, Oklahoma City, Okl., for plaintiff/appellant.

Ricki Sonders, Edwards, Sonders & Propester, Oklahoma City, Okl. (Joel W. Harmon, Edwards, Sonders & Propester, with her on the brief), for defendant/appellee.

Before ANDERSON, ALDISERT, and BRORBY, Circuit Judges.

ALDISERT, Senior Circuit Judge.

Fareed M. Farha, individually and as trustee of a benefit pension plan, and Rebecca Farha, filed a complaint in the district court against the Federal Deposit Insurance Corp. (FDIC) to recover two certificates of deposit (CDs) or their cash equivalent. The CDs were issued originally by the First National Bank of Luther, Oklahoma, and later transferred, following the bank's insolvency, to the First Wagoner Bank and Trust Co. under a...

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