Legal Opinion
Federal Deposit Ins. Corp. v. Greenwood
District Court, C.D. Illinois
Decided December 15, 1988No. 87-3266PublishedCited by 7 opinions
1Opinion of the Court
OPINION
RICHARD MILLS, District Judge:
Did the FDIC’s cause of action accrue when it first acquired the assets of the failed Coffeen National Bank or when Defendants committed their allegedly negligent acts?
The latter: when the cause first could have been sued on.
I
On or about July 12, 1984, the Office of the Comptroller of the Currency (“OCC”) ordered that the Coffeen National Bank (the “bank”) be closed. The OCC took possession of the bank’s assets and tendered to the Federal Deposit Insurance Corporation (“FDIC”) the appointment as receiver of the bank. Thereafter, the FDIC in its corporate…
2Cases cited18 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Improvement Company v. MunsonSupreme Court of the United States · 1872
13 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Federal Deposit Ins. Corp. v. HowseDistrict Court, S.D. Texas · 1990
- Federal Deposit Insurance Corporation v. Former Officers And Directors Of Metropolitan BankCourt of Appeals for the Ninth Circuit · 1989
- Federal Deposit Insurance v. Thayer Insurance Agency, Inc.District Court, D. Kansas · 1991
- Federal Deposit Ins. Corp. v. PaulDistrict Court, D. Utah · 1990
- Resolution Trust Corp. v. FranzDistrict Court, N.D. Illinois · 1995
2 more not listed; retrieve them via the Exa API.