Court Opinion

ID: 9480721
Source: CourtListenerOpinion
Date Created: 2023-08-05 07:56:27.465077+00
Date Added: 2024-06-11T17:47:52.005172
License: Public Domain

LOGAN, Circuit Judge,
concurring:
I agree with the majority’s ultimate conclusion, but I do not think that it requires resort to either federal statutory preemption or federal common law. The federal statute, 12 U.S.C. § 1823(c)(2)(A), seems clearly to permit the transfer to FDIC/Corporation of any assets of a failed bank taken over by FDIC/Receiver; The Colorado statutory scheme seems clearly to contemplate the identical result. See Colo. Rev.Stat. §§ 11-5-105 to 106. Thus I do not believe that this is a case in which “state law ‘stands as an obstacle to the accomplishment and execution of the full purposes and objectives of Congress.’ ” See majority opinion, supra, at 1472 (quoting Pacific Gas & Elec. v. State Energy Resources Conserv. & Dev. Comm’n, 461 U.S. 190, 204, 103 S-Ct. 1713, 1722, 75 L.Ed.2d 752 (1983)).