Legal Opinion
Federal Deposit Ins. Corp. v. National Surety Corp.
District Court, S.D. Iowa
Decided August 15, 1972No. Civ. 72-43-2PublishedCited by 22 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
HANSON, Chief Judge.
This suit, which the plaintiff asks to be remanded for lack of jurisdiction, was originally filed in State Court by the Federal Deposit Insurance Corporation as Receiver for the State Bank of Prairie City, Iowa against the National Surety Corporation. The F.D.I.C. alleged that the employees of the Prairie City State Bank were bonded by the National Surety Corporation to provide payment to the bank for losses sustained through any dishonest, fraudulent or criminal act of any employee and that dishonest and unlawful actions of the President of the bank…
2Cases cited11 opinions
- Bankers Trust Co. v. Texas & Pacific Railway Co.Supreme Court of the United States · 1916
- Freeling v. SebringCourt of Appeals for the Tenth Circuit · 1961
- Garden Homes, Inc. v. Norman P. Mason, Commissioner, Federal Housing AdministrationCourt of Appeals for the First Circuit · 1957
- Brisenden v. ChamberlainU.S. Circuit Court for the District of South Carolina · 1892
- Harris v. American LegionDistrict Court, S.D. Indiana · 1958
6 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- American National Bank Of Jacksonville v. Federal Deposit Insurance CorporationCourt of Appeals for the Eleventh Circuit · 1983
- Weeks Construction, Inc. v. Oglala Sioux Housing Authority, United States of America, and Department of Housing and Urban DevelopmentCourt of Appeals for the Eighth Circuit · 1986
- Navy Federal Credit Union v. LTD Financial Services, LPCourt of Appeals for the Fourth Circuit · 2020
- Federal Deposit Insurance Corporation v. La Rambla Shopping Center, Inc.Court of Appeals for the First Circuit · 1986
- Federal Deposit Ins. Corp. v. AbrahamDistrict Court, E.D. Louisiana · 1977
17 more not listed; retrieve them via the Exa API.