Federal Deposit Ins. Corp. v. Bancinsure, Inc.
District Court, D. Minnesota
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
DEVITT, District Judge.
Introduction
Plaintiff Federal Deposit Insurance Corporation (FDIC), appointed receiver of the State Bank of Morgan, Minnesota, commenced this action to recover under fidelity bonds issued by defendant Banclnsure, Inc. Plaintiff moves the court to enter summary judgment against two affirmative defenses asserted by defendant as well as defendant’s counterclaim. Specifically, plaintiff attacks defendant’s reliance upon (1) a contractual limitation of actions provision contained in the fidelity bond and (2) the “alter ego” defense. Defendant…
2Cases cited14 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Bowen v. Georgetown University HospitalSupreme Court of the United States · 1988
- Bradley v. School Bd. of RichmondSupreme Court of the United States · 1974
- Kaiser Aluminum & Chemical Corp. v. BonjornoSupreme Court of the United States · 1990
- Abraham Loudermill and Joyce Loudermill v. The Dow Chemical Company v. M-P Construction Company, Inc.Court of Appeals for the Eighth Circuit · 1988
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- Thweatt v. JacksonCourt of Appeals of Texas · 1992
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