Legal Opinion
Brandt v. Bassett
Court of Appeals for the Eleventh Circuit
Decided November 30, 1995No. 94-4611, 94-5027PublishedCited by 92 opinions
1Opinion of the Court
CARNES, Circuit Judge:
This is a consolidated appeal from two district court orders dismissing certain aver-ments brought by a Chapter 7 bankruptcy trustee on behalf of a bank holding company against former directors and officers of the holding company and its subsidiary bank.
In the first ease, No. 94-4611, the district court dismissed some averments in the complaint on the ground that they constitute a derivative action which can be asserted only by the Federal Deposit Insurance Corporation, as receiver and successor in interest to the holding company’s subsidiary bank. The district court…
2Cases cited24 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Scheuer v. RhodesSupreme Court of the United States · 1974
- Allen v. McCurrySupreme Court of the United States · 1980
- Curtiss-Wright Corp. v. General Electric Co.Supreme Court of the United States · 1980
- Sears, Roebuck & Co. v. MacKeySupreme Court of the United States · 1956
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3Cited by92 opinions
- Nicholas La Grasta, Domenico La Grasta, and Mauro La Grasta, on Behalf of Themselves and All Others Similarly Situated v. First Union Securities, Inc.Court of Appeals for the First Circuit · 2004
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- Edwards v. Prime, Inc.Court of Appeals for the Eleventh Circuit · 2010
- Mark F. Elmore v. William J. Henderson, Postmaster GeneralCourt of Appeals for the Seventh Circuit · 2000
- United States v. Baxter International, IncorporatedCourt of Appeals for the Eleventh Circuit · 2003
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