Scott J. Kennelly

Scott J. Kennelly

Rogers Towers

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Rogers Towers: Use of FDIC Special Powers: Knowledge by the FDIC or its Assignees is Irrelevant

In previous posts, we introduced the protections afforded the FDIC by the D’Oench Doctrine and 12 U.S.C. § 1823(e), which bar claims and defenses against the FDIC and its assignees by private parties based on improperly...more

2/5/2013 - Acquisitions Assignees D’Oench Doctrine FDIC Insolvency Pleadings Special Powers Successors Written Agreements

Rogers Towers: Use of FDIC Special Powers: Overview

Last month, the Federal Deposit Insurance Corporation reported that 470 financial institutions have failed since 2007. It is no wonder, then, that many institutions are embroiled in litigation involving loans made by failed...more

1/10/2013 - D’Oench Doctrine FDIC Insolvency Loans

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