Opinion
CASE NO. 04-74842.
December 21, 2009
This matter comes before the Court on the motion of the Federal Deposit Insurance Corporation, in its capacity as Receiver for Guaranty Bank ("FDIC Receiver"), pursuant to Federal Rule of Civil Procedure 25(c), to substitute itself for Guaranty Residential Lending, Inc. as the real party in interest in this action. The Court hereby GRANTS the motion and substitutes the FDIC Receiver as the real party in interest for Guaranty Residential Lending, Inc. effective September 29, 2009.
On November 29, 2007, Guaranty Residential Lending, Inc. merged into Guaranty Bank, Austin, TX. (FDIC Mot. Dkt. No. 230, Ex. A.) On August 21, 2009, Guaranty Bank was closed by the Office of Thrift Supervision and the FDIC was appointed receiver. (FDIC Mot. Dkt. No. 230, Ex. B.)