Legal Opinion
Federal Deposit Ins. Corp. v. Caolo
District Court, D. Massachusetts
Decided October 27, 1979No. Civ. A. 77-1289-ZPublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
ZOBEL, District Judge.
Third-party defendants have moved for dismissal of the third-party action for failure to state a claim upon which relief can be granted. Fed.R.Civ.P. 12(b)(6). The motion to dismiss will be allowed.
Plaintiff, Federal Deposit Insurance Corporation, is the receiver of Chicopee Bank and Trust Company (Chicopee). The defendants (third-party plaintiffs) were the directors of Chicopee. The complaint charges the directors with various acts of nonfeasance and misfeasance, including conflict of interest, violation of state and federal statutes and banking…
2Cases cited6 opinions
- Gray v. Boston Gas Light Co.Massachusetts Supreme Judicial Court · 1873
- Herrero v. AtkinsonCalifornia Court of Appeal · 1964
- Stewart v. Roy Bros. Inc.Massachusetts Supreme Judicial Court · 1970
- H. P. Hood & Sons, Inc. v. Ford Motor Co.Massachusetts Supreme Judicial Court · 1976
- Adolph Caso v. Lafayette Radio Electronics CorporationCourt of Appeals for the First Circuit · 1966
1 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Montaup Electric Co. v. Ohio Brass Corp.District Court, D. Rhode Island · 1983
- Finn v. Consolidated Rail Corp.District Court, D. Massachusetts · 1985
- Framingham Union Hospital, Inc. v. Travelers InsuranceDistrict Court, D. Massachusetts · 1990
- Morgan v. Financial Planning Advisors, Inc.District Court, D. Massachusetts · 1988