First Bank National Ass'n v. Federal Deposit Insurance

FINDINGS OF FACT AND CONCLUSIONS OF LAW

BARTLE, District Judge.

Plaintiff, First Bank National Association, Trustee (“First Bank”), brought this action for breach of contract against the defendant, the Federal Deposit Insurance Corporation (“FDIC”), pursuant to the Federal Deposit Insurance Act, 12 U.S.C. § 1811 et seq., as amended by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”). First Bank alleges that the FDIC, as receiver for Meritor Savings Bank (“Meritor”), is liable for sums due un*119der a sublease of the landmark PSFS building Meritor once occupied at…