(Download) "Resolution Trust Corp. v. Cheshire Management Co." by United States Court Of Appeals For The Sixth Circuit " eBook PDF Kindle ePub Free

eBook details

Title: Resolution Trust Corp. v. Cheshire Management Co.
Author : United States Court Of Appeals For The Sixth Circuit
Release Date : January 08, 1994
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 72 KB

Description

Defendant, the Cheshire Management Company (Cheshire), appeals an interlocutory order declaring invalid a judgment lien it held on assets in the possession of the Resolution Trust Corporation (RTC) as receiver for a savings bank. On appeal, Cheshire contends that it is entitled to full payment of its judgment because Cheshire possesses a valid judgment lien enforceable against RTC. Alternatively, Cheshire argues that it holds a judgment on a qualified financial contract that RTC may not avoid pursuant to the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA). We affirm.