Legal Opinion
Corbin v. Federal Reserve Bank of New York
District Court, S.D. New York
Decided September 4, 1979No. 77 Civ. 4896 (MP)PublishedCited by 8 opinions
1Opinion of the Court
DECISION AND OPINION
POLLACK, District Judge.
This suit, presented at a Bench trial, seeks a reduction in the interest payable to the defendant Federal Reserve Bank of New York (FRB-NY) on its agreement to forbear for three years the collection of a past due $1.7 billion secured indebtedness of Franklin National Bank. The agreement was made with defendant Federal Deposit Insurance Corporation (FDIC) on the latter’s purchase of assets from the Receiver of Franklin National Bank (FNB) and FDIC’s assumption as primary obligor of the FNB indebtedness. The forbearance agreement and assumption were…
2Cases cited16 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Meinhard v. SalmonNew York Court of Appeals · 1928
- United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
- Clearfield Trust Co. v. United StatesSupreme Court of the United States · 1943
- Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
11 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Golden Pacific Bancorp v. Federal Deposit Insurance CorporationCourt of Appeals for the Second Circuit · 2004
- Chemical Bank v. First Trust of New York, Nat'l. Ass'n (In Re Southeast Banking Corp.)United States Bankruptcy Court, S.D. Florida. · 1995
- Starr International Co. v. Federal Reserve BankDistrict Court, S.D. New York · 2012
- Sol Neil Corbin v. Federal Reserve Bank Of New YorkCourt of Appeals for the Second Circuit · 1980
- Corbin v. Federal Reserve BankCourt of Appeals for the Second Circuit · 1980
3 more not listed; retrieve them via the Exa API.