Northeast Savings, F.A. v. United States
United States Court of Federal Claims
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
- United States v. Winstar Corp.Supreme Court of the United States · 1996
- Glendale Federal Bank, Fsb, Plaintiff-Cross v. United StatesCourt of Appeals for the Federal Circuit · 2001
- 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
- Landmark Land Company, Inc. v. Federal Deposit Insurance Corporation v. United States, Defendant-CrossCourt of Appeals for the Federal Circuit · 2001
- Dawco Construction, Inc. v. The United StatesCourt of Appeals for the Federal Circuit · 1991
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