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MATTER OF RECEIVERSHIP OF MT. PLEASANT BK.

No. 93-462.

526 N.W.2d 549 (1995)

In the Matter of the RECEIVERSHIP OF the MT. PLEASANT BANK AND TRUST COMPANY, Mt. Pleasant, Iowa. Adam Judgment Holders, Appellants, Federal Deposit Insurance Corporation, Appellee.

Supreme Court of Iowa.

January 18, 1995.

Attorney(s) appearing for the Case

James Walker, Bloomington, IL, and James P. Hoffman, Keokuk, for appellants.

Charles D. Neighbor of F.D.I.C., Chicago, IL, Ann S. DuRoss, Asst. General Counsel, Robert D. McGillicuddy, Sr. Counsel, and Gregory E. Gore, Counsel, of F.D.I.C., Washington, DC, and Steven T. Hunter and Linda A. Whittaker of Stanley, Lande & Hunter, Muscatine, for appellee.

Considered by McGIVERIN, C.J., and HARRIS, LARSON, CARTER, and ANDREASEN, JJ.

McGIVERIN, Chief Justice.

Judgment creditors of an insolvent Iowa state bank made several objections to the final report of the Federal Deposit Insurance Corporation (FDIC) as receiver of the bank. The district court overruled the objections and approved the final report. The objectors appealed. We affirm.

I. Background facts and proceedings.

A. FDIC's appointment to and handling of the receivership. The objectors, the Adam Judgment...

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