Legal Opinion

Northeast Savings, F.A. v. United States

United States Court of Federal Claims

Decided February 1, 2010No. 92-550CPublishedCited by 3 opinions

1Opinion of the Court

OPINION ON DAMAGES

WILLIAMS, Judge.

This Winstar-related case comes before the Court after a trial on damages. Plaintiff Northeast Savings, F.A. (“Northeast”), seeks three elements of damages: $112,352 million in lost profits, $15,287 million for the cost of raising capital, and “wounded bank damages” comprised of $313,000 in advisory service fees incurred in connection with an abandoned shareholder rights offering and $1,334 million in excess deposit insurance premiums. In the alternative, Plaintiff requests the Court to award it damages based upon a jury verdict methodology. Because Plaintiff…

2Cases cited31 opinions

  1. United States v. Winstar Corp.Supreme Court of the United States · 1996
  2. Glendale Federal Bank, Fsb, Plaintiff-Cross v. United StatesCourt of Appeals for the Federal Circuit · 2001
  3. Bluebonnet Savings Bank, F.S.B., Stone Capital, Inc. (Formerly Known as Cfsb Corporation), and James M. Fail v. United StatesCourt of Appeals for the Federal Circuit · 2001
  4. Landmark Land Company, Inc. v. Federal Deposit Insurance Corporation v. United States, Defendant-CrossCourt of Appeals for the Federal Circuit · 2001
  5. Dawco Construction, Inc. v. The United StatesCourt of Appeals for the Federal Circuit · 1991

26 more not listed; retrieve them via the Exa API.

3Cited by3 opinions

  1. Sgs-92-X003 v. United StatesUnited States Court of Federal Claims · 2014
  2. Canpro Investments, Ltd v. United StatesUnited States Court of Federal Claims · 2023
  3. Canpro Investments, Ltd v. United StatesUnited States Court of Federal Claims · 2023

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