Legal Opinion
Franklin Bank v. Federal Deposit Insurance
District Court, N.D. California
Decided April 13, 1994No. C-93-1373 WHOPublishedCited by 5 opinions
1Opinion of the Court
OPINION AND ORDER
ORRICK, District Judge.
In 1989, the Congress of the United States, reacting to the dramatic increase in bank failures, adopted the Financial Institutions Reform Recovery and Enforcement Act of 1989 (“FIRREA”), Pub.L. 101-73, § 212(d) (codified as amended at the Federal Deposit Insurance Act, 12 U.S.C. § 1821(d)).
This action brought by plaintiff, Franklin Bank (“Franklin”), an approved creditor of the receivership estate of Financial Center Bank, N.A. (“Financial Center”), against defendant, Federal Deposit Insurance Corporation (“FDIC”), in its capacity as receiver for…
2Cases cited2 opinions
- First Empire Bank-New York v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1980
- Midlantic National Bank/North v. Federal Reserve Bank of New YorkDistrict Court, S.D. New York · 1993
3Cited by5 opinions
- Sandra Kay Battista v. Federal Deposit Insurance CorporationCourt of Appeals for the Ninth Circuit · 1999
- Condus v. Howard Savings BankDistrict Court, D. New Jersey · 1998
- Battista v. Federal Deposit InsuranceCourt of Appeals for the Ninth Circuit · 1999
- Resolution Trust Corp. v. Titan Financial Corp.Court of Appeals for the Ninth Circuit · 1994
- Resolution Trust Corporation As Receiver For Occidental Nebraska Savings Bank, F.S.B. v. Titan Financial CorporationCourt of Appeals for the Ninth Circuit · 1994