Opinion ID: 657176
Heading Depth: 2
Heading Rank: 2

Heading: Deprivation of Property Without Due Process

Text: 45 Finally, defendants contend that Sec. 1823(e) and D'Oench, Duhme violate procedural due process by depriving them of the opportunity to present all of their defenses, specifically the chance to present the defense that Bell Savings breached its agreement. But defendants do not face a procedural bar that prevents them from presenting this defense; rather they face a substantive law that eliminates the defense when it relies on an agreement that is not in writing. It is surely not a deprivation of due process every time the courts or legislature eliminate or limit a substantive defense that formerly existed. See Chatham Ventures, Inc. v. Federal Deposit Ins. Corp., 651 F.2d 355 (5th Cir.1981), cert. denied, 456 U.S. 972, 102 S.Ct. 2234, 72 L.Ed.2d 845 (1982). 46 Furthermore, when CUL-DADD entered its agreement, it knew that if Bell Savings failed and the RTC became its receiver, only written agreements would serve as a defense to claims by the RTC. As the Fifth Circuit explained in Campbell Leasing, Inc. v. Federal Deposit Ins. Corp., 901 F.2d 1244 (5th Cir.1990), [t]he D'Oench, Duhme doctrine is a federal common law rule of general applicability that was established long before the appellants' claims arose. Because the appellants had 'a reasonable opportunity both to familiarize themselves with [its] general requirements and to comply with those requirements,' due process has been satisfied. Id. at 1248 (quoting United States v. Locke, 471 U.S. 84, 108, 105 S.Ct. 1785, 1799, 85 L.Ed.2d 64 (1985)). 47 The judgment of the district court will be affirmed.