Legal Opinion

Federal Deposit Insurance Corporation v. Bank of America, N.A.

District Court, District of Columbia

Decided March 8, 2024No. Civil Action No. 2017-0036Published

1Opinion of the Court

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA FEDERAL DEPOSIT INSURANCE COROPORATION, Plaintiff/Counterclaim Defendant, Civil Action No. 17-cv-36-LLA-MAU v. BANK OF AMERICA, N.A., Defendant/Counterclaim Plaintiff. MEMORANDUM OPINION1 After the 2008 financial crisis, Plaintiff the Federal Deposit Insurance Corporation (“FDIC” or “the Agency”) promulgated a rule (“2011 Rule”) which changed the formula for the nation’s largest banks to assess and report their risk to the Agency. Those reports, in turn, served as the basis for the calculation of the banks’ assessments due to the…

2Cases cited39 opinions

  1. Daubert v. Merrell Dow Pharmaceuticals, Inc.Supreme Court of the United States · 1993
  2. Kumho Tire Co. v. CarmichaelSupreme Court of the United States · 1999
  3. Kotteakos v. United StatesSupreme Court of the United States · 1946
  4. Shinseki, Secretary of Veterans Affairs v. SandersSupreme Court of the United States · 2009
  5. Kisor v. WilkieSupreme Court of the United States · 2019

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