Richardson v. Federal Deposit Insurance Corp. (In Re M. Blackburn Mitchell Inc.)
United States Bankruptcy Court, N.D. California
1Opinion of the Court
DECISION
ARTHUR S. WEISSBRODT, Bankruptcy Judge.
This matter comes before the Court on cross-motions for summary judgment. The plaintiff is John W. Richardson, Chapter 7 Trustee (“Trustee”) in the bankruptcy case of M. Blackburn Mitchell, Incorporated, dba Mitchell Development (“Debtor”). The defendant is the Federal Deposit Insurance Corporation (“FDIC”), which is sued in its corporate capacity.
The issue before the Court is whether the Trustee may recover a fraudulent transfer from the FDIC. Because the FDIC is acting in its corporate capacity, the parties agree that sovereign immunity is not…
2Cases cited23 opinions
- United States v. Nordic Village, Inc.Supreme Court of the United States · 1992
- Bonded Financial Services, Inc., Debtor-Appellant v. European American BankCourt of Appeals for the Seventh Circuit · 1988
- Louis W. Levit, Trustee of V.N. Deprizio Construction Co. v. Ingersoll Rand Financial CorporationCourt of Appeals for the Seventh Circuit · 1989
- In Re Chase & Sanborn Corporation, Debtor. Paul C. Nordberg, Creditor Trustee v. Arab Banking CorporationCourt of Appeals for the Eleventh Circuit · 1990
- In Re Chase & Sanborn Corporation, F/k/a General Coffee Corporation, Debtors. Paul C. Nordberg, as Creditor Trustee v. Societe GeneraleCourt of Appeals for the Eleventh Circuit · 1988
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- Stephen W. Rupp, Trustee v. Edwin Markgraf, Mary A. MarkgrafCourt of Appeals for the Tenth Circuit · 1996
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