Legal Opinion
Brae Asset Fund, L.P. v. Dion
District Court, D. Massachusetts
Decided February 29, 1996No. Civil Action 95-12002-DPWPublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
WOODLOCK, District Judge:
The question presented is whether an assignee of the Federal Deposit Insurance Corporation is granted the FDIC’s special rights to invoke federal court jurisdiction by removal of pending litigation from state courts.
Brae Asset Fund brought this action on March 31, 1995, in the Massachusetts state court to recover on several notes it purchased from the FDIC. On August 10,1995, two of the defendants answered and counterclaimed alleging violations of federal law. The plaintiff thereupon removed the case to this court asserting that as assignee of the…
2Cases cited12 opinions
- Shamrock Oil & Gas Corp. v. SheetsSupreme Court of the United States · 1941
- Louisville & Nashville Railroad v. MottleySupreme Court of the United States · 1908
- Jones v. Rath Packing Co.Supreme Court of the United States · 1977
- Federal Deposit Insurance Corporation, Plaintiff-Counter v. Roy William Bledsoe, Defendant-Counter Claimant-AppelleeCourt of Appeals for the Fifth Circuit · 1993
- The Federal Savings & Loan Insurance Corp., Etc., and First Gibraltar Bank, Fsb, Intervenor-Appellee v. Jack GriffinCourt of Appeals for the First Circuit · 1991
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3Cited by3 opinions
- Alshrafi v. American Airlines, Inc.District Court, D. Massachusetts · 2004
- Rodriguez v. Federal National Mortgage Ass'nDistrict Court, D. Massachusetts · 2003
- Rodriguez v. FEDERAL NAT. MORTG. ASS'NDistrict Court, D. Massachusetts · 2003