First American International Bank v. Community's Bank

OPINION AND ORDER

JOHN G. KOELTL, District Judge:

The plaintiff, First American International Bank (“FAIB”), entered into agreements with the defendant, The Community’s Bank (“TCB”), that required TCB to share 50% of a federal community development award if doing so was “permitted under all applicable laws, rules and regulations.” TCB refused to pay FAIB, and FAIB sued for breach of contract. TCB now moves to dismiss FAIB’s complaint under Federal Rule of Civil Procedure 12(b)(6) for failure to state a claim on which relief can be granted or under Rule 19(b) for failure to join an indispensable…