Legal Opinion

Federal Deposit Ins. Corp. v. Bancinsure, Inc.

District Court, D. Minnesota

Decided July 30, 1991No. Civ. 3-91-54PublishedCited by 11 opinions

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

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Bowen v. Georgetown University HospitalSupreme Court of the United States · 1988
  3. Bradley v. School Bd. of RichmondSupreme Court of the United States · 1974
  4. Kaiser Aluminum & Chemical Corp. v. BonjornoSupreme Court of the United States · 1990
  5. Abraham Loudermill and Joyce Loudermill v. The Dow Chemical Company v. M-P Construction Company, Inc.Court of Appeals for the Eighth Circuit · 1988

9 more not listed; retrieve them via the Exa API.

3Cited by11 opinions

  1. Stanley Chenault v. United States Postal ServiceCourt of Appeals for the Ninth Circuit · 1994
  2. Jackson v. ThweattTexas Supreme Court · 1994
  3. Federal Deposit Insurance Corporation v. New Hampshire Insurance CompanyCourt of Appeals for the Ninth Circuit · 1992
  4. Central States Resources, Corp. v. First National BankNebraska Supreme Court · 1993
  5. Thweatt v. JacksonCourt of Appeals of Texas · 1992

6 more not listed; retrieve them via the Exa API.

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