Legal Opinion

Glendale Federal Bank, FSB v. United States

United States Court of Federal Claims

Decided April 9, 1999No. 90-772CPublishedCited by 28 opinions

1Opinion of the Court

OPINION

SMITH, Chief Judge.

This case is before the court after an extended trial on damages. In United States v. Winstar, 518 U.S. 839, 116 S.Ct. 2432, 135 L.Ed.2d 964 (1996), the Supreme Court held that plaintiff had an enforceable contract with the government to treat supervisory goodwill created as a result of Glendale’s acquisition of First Federal of Broward (Bro-ward), as regulatory capital, and to amortize the goodwill over a forty-year period. This contract was breached by the passage of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), Pub.L. No.…

2Cases cited15 opinions

  1. United States v. Winstar Corp.Supreme Court of the United States · 1996
  2. Winstar Corp. v. United StatesCourt of Appeals for the Federal Circuit · 1995
  3. Wells Fargo Bank, N.A., Plaintiff/cross-Appellant v. United StatesCourt of Appeals for the Federal Circuit · 1996
  4. Ramsey v. United StatesUnited States Court of Claims · 1951
  5. Myerle v. United StatesUnited States Court of Claims · 1897

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3Cited by28 opinions

  1. Glendale Federal Bank, Fsb, Plaintiff-Cross v. United StatesCourt of Appeals for the Federal Circuit · 2001
  2. LaSalle Talman Bank, F.S.B. v. United StatesUnited States Court of Federal Claims · 1999
  3. Coast Federal Bank, FSB v. United StatesUnited States Court of Federal Claims · 2000
  4. Home Savings of America, F.S.B. v. United StatesUnited States Court of Federal Claims · 2003
  5. Anchor Savings Bank, FSB v. United StatesUnited States Court of Federal Claims · 2003

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

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