Federal Deposit Insurance Corp. v. Kansas Bankers Surety Co.
Court of Appeals for the Tenth Circuit
1Opinion of the Court
KELLY, Circuit Judge.
Plaintiff-Appellant Federal Deposit Insurance Corporation (FDIC) sought to recover on a financial institution crime bond and appeals from the district court’s grant of summary judgment in favor of Defen-danb-Appellee Kansas Bankers Surety Co. (KBS), FDIC v. Kansas Banker Surety Co., 105 F.Supp.3d 1234 (D. Colo. 2015), and its subsequent denial of reconsideration, FDIC v. Kansas Bankers Surety Co., No. 13-cv-2344-WJM-MJW, 2015 WL 4882496 (D. Colo. Aug. 17, 2015). The district court held that the underlying bank, the New Frontier Bank of Greeley, Colorado, (Bank) had failed…
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