Legal Opinion
Unisys Finance Corporation v. Resolution Trust Corporation, as Receiver for Concordia Federal Bank for Savings
Court of Appeals for the Seventh Circuit
Decided December 21, 1992No. 91-3827PublishedCited by 36 opinions
1Opinion of the Court
POSNER, Circuit Judge.
This appeal presents a question of first impression' and potentially broad significance concerning the powers of the Resolution Trust Corporation, the federal agency that administers failed savings and loan associations.
As amended by section 212(e) of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (P.L. 101-73, 103 Stat. 183), section 182l(e)(ll) of the Federal Deposit Insurance Act provides that “No provision of this subsection [i.e., subsection (e) of section 1821] shall be construed as permitting the avoidance of any legally enforceable or…
2Cases cited4 opinions
- Louisville Joint Stock Land Bank v. RadfordSupreme Court of the United States · 1935
- United States v. Security Industrial BankSupreme Court of the United States · 1982
- In the Matter of JAMES WILSON ASSOCIATES, Debtor. Appeals of METROPOLITAN LIFE INSURANCE COMPANYCourt of Appeals for the Seventh Circuit · 1992
- Ticonic National Bank v. SpragueSupreme Court of the United States · 1938
3Cited by36 opinions
- Lb Credit Corporation v. Resolution Trust Corporation, as Receiver for Concordia Federal Bank for SavingsCourt of Appeals for the Seventh Circuit · 1995
- Fidelity Bank, National Ass'n v. M.M. Group, Inc.Court of Appeals for the Sixth Circuit · 1996
- Mary E. Lawson and Matt Lawson v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1993
- In Re Kaplan Breslaw Ash, LLCUnited States Bankruptcy Court, S.D. New York · 2001
- Gibson v. Resolution Trust Corp.Court of Appeals for the Eleventh Circuit · 1995
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