Legal Opinion
Federal Deposit Ins. Corp. v. Sumner Financial Corp.
District Court, M.D. Florida
Decided May 17, 1974No. 71-7-Civ-J-SPublishedCited by 8 opinions
1Opinion of the Court
ORDER AND INJUNCTION
CHARLES R. SCOTT, District Judge.
This is an action by the Federal Deposit Insurance Corporation (FDIC) for an injunction restraining Sumner Financial Corporation (sometimes hereinafter called SFC and sometimes called Sumner), a so-called money broker, from violating FDIC regulations pertaining to the advertising of interest on deposits in nonmember banks 1 in violation of 12 C. F.R. § 329.8(g) (1973). Hearing was held on SFC’s motion for summary judgment.
The regulation, which forms the basis for the action in this case by the FDIC, reads as follows:
§ 329.8(g) Solicitation…
2Cases cited8 opinions
- Udall v. TallmanSupreme Court of the United States · 1965
- Katz v. Amos Treat & Co.Court of Appeals for the Second Circuit · 1969
- Beaufort Concrete Company v. Atlantic States Construction CompanyCourt of Appeals for the Fifth Circuit · 1966
- United States v. Daniel K. Cless, Margaret J. Cless, Elwood A. Sterner, Marion L. Sterner, C. Hoerner CasselCourt of Appeals for the Third Circuit · 1958
- Hennessey v. Federal Security AdministratorDistrict Court, D. Connecticut · 1949
3 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Kodiak Island Borough v. LargeAlaska Supreme Court · 1981
- Federal Deposit Insurance v. Sumner Financial Corp.Court of Appeals for the Fifth Circuit · 1979
- Western World Insurance v. Reliance InsuranceDistrict Court, M.D. Pennsylvania · 1995
- Estate of CampbellSupreme Court of Iowa · 1977
- Gennet v. Fason (In Re PC Systems, Inc.)United States Bankruptcy Court, S.D. Florida. · 1994
3 more not listed; retrieve them via the Exa API.