Winterbrook Realty, Inc. v. Federal Deposit Insurance

ORDER

DiCLERICO, Chief Judge.

In this action, plaintiffs Winterbrook Properties, Inc. (“Winterbrook”) and Thomas N.T. Mullen, sole stockholder and director of Winterbrook, have sued defendants the Federal Deposit Insurance Company (“FDIC”) as receiver of the Bank of New England, N.A. (the “Bank”) and Lowell Union Properties, Inc. (“LUP”), originally a wholly owned subsidiary of the Bank and now a wholly owned subsidiary of the FDIC. The action alleges breach of an oral contract, misrepresentation, quantum meruit and unjust enrichment. The plaintiffs originally filed suit against the Bank and…