Legal Opinion

Long Island Savings Bank, FSB v. United States

United States Court of Federal Claims

Decided September 15, 2005No. 92-517-CPublishedCited by 9 opinions

1Opinion of the Court

OPINION AND ORDER

LETTOW, Judge.

INTRODUCTION

Both liability and damages remain unresolved in this Wwsiar-related case.1 Plaintiffs are federal savings banks or “thrifts” which allege that the government breached a contract entered in 1983 involving the treatment of goodwill as regulatory capital and that plaintiffs suffered expectancy and reliance damages as a result of the breach. To adjudicate the disputed issues of fact, the court conducted a 24-day trial commencing on January 18, 2005 and ending on March 23, 2005. Post-trial briefs were filed thereafter, and a closing argument was held on…

2Cases cited35 opinions

  1. Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
  2. United States v. Winstar Corp.Supreme Court of the United States · 1996
  3. United States v. BurkeSupreme Court of the United States · 1992
  4. Glendale Federal Bank, Fsb, Plaintiff-Cross v. United StatesCourt of Appeals for the Federal Circuit · 2001
  5. Indiana Michigan Power Company v. United StatesCourt of Appeals for the Federal Circuit · 2005

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3Cited by9 opinions

  1. Long Island Savings Bank, FSB v. United StatesCourt of Appeals for the Federal Circuit · 2007
  2. Tennessee Valley Authority v. United StatesUnited States Court of Federal Claims · 2006
  3. Yankee Atomic Electric Co. v. United StatesUnited States Court of Federal Claims · 2006
  4. American Federal Bank, FSB v. United StatesUnited States Court of Federal Claims · 2006
  5. Bank of America, FSB v. United StatesUnited States Court of Federal Claims · 2006

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