Local Oklahoma Bank, N.A. v. United States

LINN, Circuit Judge.

The United States appeals from the summary judgment of the United States Court of Federal Claims, holding that the United States breached the implied covenant of good faith and fair dealing, Local America Bank of Tulsa v. United States, 52 Fed.Cl. 184 (2002) (“Local I”), and awarding $5,833,296 in damages to Local Oklahoma Bank (“Local”), Local Oklahoma Bank, N.A. v. United States, 59 Fed.Cl. 713 (2004) (“Local II”). Local cross-appeals from calculation of the damage award. Because the trial court properly determined liability and damages, we affirm.

BACKGROUND

The facts of…