Legal Opinion

Hayes v. Federal Deposit Insurance

District Court, W.D. Arkansas

Decided December 29, 2015No. Case No. 5:09-CV-05122Published

1Opinion of the Court

OPINION AND ORDER

P.K. HOLMES, III, CHIEF UNITED STATES DISTRICT JUDGE

Before the Court are a motion for summary judgment (Doe. 34) filed by Defendant Federal Deposit Insurance Corporation as receiver of ANB Financial NA (“the FDIC”), Plaintiff Clifford Hayes’s response (Doc. 38), the FDIC’s reply (Doc. 40), and the parties’ supporting documents.1 For the following reasons, the Court finds that the FDIC’s motion for summary judgment should be DENIED.

1. Background

ANB Financial, NA, formerly Arkansas National Bank, (“ANB”) was established on June 1, 1994. On June 6, 1994, Clifford Hayes opened an…

2Cases cited11 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
  4. D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
  5. Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987

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