Coit Independence Joint Venture v. Federal Savings and Loan Insurance Corporation, as Receiver of Firstsouth, F. a.

Decided March 21, 1989. Sandra Day O'Connor delivered the opinion of the Court.

Docket 87-996 · 489 U.S. 561 (1989) · Cited 356 times

We don’t yet publish a summary of this opinion — read the official text below for the Court’s holding and reasoning.

How the Justices voted

Decided 9–0.

“Concurring” means agreeing with the outcome; any split shown is the Court’s judgment, not each Justice’s reasoning. Source: the Supreme Court Database (Spaeth et al.), Washington University.

Precedents cited

Supreme Court decisions this opinion relies on, ordered by how often it cites each. Cases in our collection link through; others are named.

• Riehle v. Margolies · 279 U.S. 218 (1929)
• Morris v. Jones · 329 U.S. 545 (1947)
• Northern Pipeline Construction Co. v. Marathon Pipe Line Co. · 458 U.S. 50 (1982)
• Patsy v. Board of Regents of Fla. · 457 U.S. 496 (1982)
• Commodity Futures Trading Commission v. Schor · 478 U.S. 833 (1986)
• Landis v. North American Co. · 299 U.S. 248 (1936)
• Weinberger v. Salfi · 422 U.S. 749 (1975)
• Rice v. Santa Fe Elevator Corp. · 331 U.S. 218 (1947)
• Vermont Yankee Nuclear Power Corp. v. Natural Resources Defense Council, Inc. · 435 U.S. 519 (1978)
• McKart v. United States · 395 U.S. 185 (1969)
• Crowell v. Benson · 285 U.S. 22 (1932)
• Myers v. Bethlehem Shipbuilding Corp. · 303 U.S. 41 (1938)
• Jones v. Rath Packing Co. · 430 U.S. 519 (1977)
• Hillsborough County v. Automated Medical Laboratories, Inc. · 471 U.S. 707 (1985)
• Renegotiation Board v. Bannercraft Clothing Co. · 415 U.S. 1 (1974)
• McGee v. United States · 402 U.S. 479 (1971)
• Greene v. United States · 376 U.S. 149 (1964)
• Stafford v. Briggs · 444 U.S. 527 (1980)
• Puerto Rico Department of Consumer Affairs v. Isla Petroleum Corp. · 485 U.S. 495 (1988)
• Smith v. Illinois Bell Telephone Co. · 270 U.S. 587 (1926)

Cited by

Later Supreme Court opinions in our collection that cite this case.

• McCarthy v. Madigan · 503 U.S. 140 (1992)
• Federal Deposit Insurance v. Meyer · 510 U.S. 471 (1994)
• Woodford v. Garceau · 538 U.S. 202 (2003)
• O'Melveny & Myers v. Federal Deposit Insurance · 512 U.S. 79 (1994)

Official text

Read the official opinion (U.S. Reports, govinfo.gov)

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Source: the U.S. Reports via govinfo.gov; authoring Justice and vote lineup from the Supreme Court Database (Washington University). Citation count from the Free Law Project’s CourtListener bulk data. Data last verified 2026-07-03. Informational only; verify against the primary source before relying. Not a consumer report (FCRA).