Federal Deposit Ins. Corp. v. Miller

MEMORANDUM AND ORDER

EARL E. O’CONNOR, Chief Judge.

This matter arises out of the failure of Indian Springs State Bank [“ISSB”] and the subsequent appointment of the Federal Deposit Insurance Corporation [“FDIC”] as receiver for the bank. Pending before the court is the FDIC’s motion for summary judgment. For the following reasons, we shall grant the motion.

Before turning to the FDIC’s motion, we emphasize the following legal principles: The movant is entitled to summary judgment only if “the pleadings, depositions, answers to interrogatories, and admissions on file, together with the…