Legal Opinion
Desmond v. Federal Deposit Insurance Corp.
District Court, D. Massachusetts
Decided June 25, 1992No. Civ. A. 90-12287-WDPublishedCited by 11 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
WOODLOCK, District Judge.
The facts of this case press against the limits of federal common law and statutory protections afforded the Federal Deposit Insurance Corporation (FDIC) when it takes over failed banking institutions. As banks continue to fail in troubled economic times, the FDIC, invoking protections carved out by the courts and Congress, has adopted an aggressive stance in meeting the claims and defenses asserted by borrowers from the failed institutions the FDIC is required to supervise. In this case, it is necessary to address the nature and extent of any…
2Cases cited37 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
- Anthony's Pier Four, Inc. v. HBC ASSOCIATESMassachusetts Supreme Judicial Court · 1991
- Fed. Sec. L. Rep. P 98,654 William L. Gunter and Camille S. Gunter v. Theodore M. HutchesonCourt of Appeals for the Eleventh Circuit · 1982
- G.S. Enterprises, Inc. v. Falmouth Marine, Inc.Massachusetts Supreme Judicial Court · 1991
32 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Vasapolli v. RostoffCourt of Appeals for the First Circuit · 1994
- Federal Deposit Insurance Corp. v. DeglauCourt of Appeals for the Third Circuit · 2000
- Federal Deposit Insurance v. LeBlancCourt of Appeals for the First Circuit · 1996
- Beitzell & Co. v. Federal Deposit Insurance Corp. (In Re Beitzell & Co.)District Court, District of Columbia · 1993
- Gustin v. Federal Deposit InsuranceDistrict Court, W.D. Missouri · 1993
6 more not listed; retrieve them via the Exa API.