Legal Opinion
Federal Deposit Insurance v. Kansas Bankers Surety Co.
District Court, D. Colorado
Decided May 21, 2015No. Civil Action No. 13-cv-2344-WJM-MJWPublishedCited by 1 opinion
1Opinion of the Court
ORDER GRANTING SUMMARY JUDGMENT
William J. Martinez, United States District Judge
The Federal Deposit Insurance Corporation (“FDIC”), is the receiver for a failed bank, New Frontier Bank of Greeley, Colorado (“Bank”). (ECF No. 1 ¶¶ 5-6.) The FDIC sues Kansas Bankers Surety Company (“KBS”) for KBS’s failure to honor the Bank’s (and subsequently, the FDIC’s) claim under the Bank’s Financial Institution Crime Bond (“Bond”). (See generally ECF No. 1.)
KBS now moves for summary judgment. (ECF Nos. 80, 81.) For the reasons explained below, the Court concludes that the Bank’s opportunity to submit a…
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3Cited by1 opinion
- Federal Deposit Insurance Corp. v. Kansas Bankers Surety Co.Court of Appeals for the Tenth Circuit · 2016