Legal Opinion

City of New York v. Federal Deposit Insurance

District Court, S.D. New York

Decided March 10, 1999No. 97 Civ. 6351(DC), 97 Civ. 6878(DC), 97 Civ. 6879(DC), 97 Civ. 6880(DC)PublishedCited by 9 opinions

1Opinion of the Court

MEMORANDUM DECISION

CHIN, District Judge.

In these four related cases, plaintiffs the City of New York and the New York City Department of Finance (together, the “City”) challenge the disallowance of their claims for taxes allegedly owed by the Federal Deposit Insurance Company (the “FDIC”), as receiver for four failed banks—Freedom National Bank (“Freedom”), Goldome Federal Savings Bank (“Goldome”), American Savings Bank (“American”), and First New York Bank For Business (“First New York”). The City contends that it is owed more than $82 million from the FDIC in unpaid taxes, interest, and…

2Cases cited15 opinions

  1. Robinson v. Overseas Military Sales Corp.Court of Appeals for the Second Circuit · 1994
  2. Susan Mary Kamen v. American Telephone & Telegraph Co., Patricia McDonald and Carol BuckhamCourt of Appeals for the Second Circuit · 1986
  3. Mohammed Abdul Malik v. Doris Meissner, Commissioner, Immigration and Naturalization Service and Immigration and Naturalization ServiceCourt of Appeals for the Second Circuit · 1996
  4. Atlantic Mutual Insurance Company v. Balfour Maclaine International Ltd.Court of Appeals for the First Circuit · 1992
  5. Serge Marquis v. Federal Deposit Insurance Corporation, as Liquidating Agent of Hillsborough Bank & Trust Company, Eltrex International Corporation v. Federal Deposit Insurance Corporation, as Liquidating Agent of Hillsborough Bank & Trust Company, Michael M. Mills v. Federal Deposit Insurance Corporation, as Receiver for Nashua Trust Company, James P. Goodrich v. Federal Deposit Insurance Corporation, as Receiver for Dartmouth BankCourt of Appeals for the First Circuit · 1992

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3Cited by9 opinions

  1. Hightower v. United StatesDistrict Court, S.D. New York · 2002
  2. Jerdine v. Federal Deposit InsuranceDistrict Court, District of Columbia · 2010
  3. Mill Creek Group, Inc. v. Federal Deposit InsuranceDistrict Court, D. Connecticut · 2001
  4. Rogers v. Petróleo Brasileiro, S.A.District Court, S.D. New York · 2010
  5. City of New York v. Federal Deposit Insurance Corporation, as Receiver for Silicon Valley BankDistrict Court, District of Columbia · 2026

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