Appropriate Source for Payment of Judgments and Settlements in United States v. Winstar Corp.

Appropriate Source for Payment of Judgments and Settlements in United States v. Winstar Corp. The Federal Savings and Loan Insurance Corporation Resolution Fund is the appropriate source o f paym ent for jud g m en ts against, and settlem ents by, the U nited States in U nited States v W tnstar Corp and sim ilar cases arising from the breach o f certain agreem ents to which the Federal Savings and L oan Insurance C orporation was a party July 22, 1998 M em orand um O p in io n fo r th e D epu ty G en era l C o u n sel D epartm ent o f the T rea su ry On July 1, 1996, the Supreme Court decided…