Legal Opinion
Tosco Corporation v. Federal Deposit Insurance Corporation
Court of Appeals for the Sixth Circuit
Decided December 23, 1983No. 82-5579PublishedCited by 27 opinions
1Opinion of the Court
PHILLIPS, Senior Circuit Judge.
This appeal involves a judgment of $108,-852.27 plus interest rendered against the United Southern Bank of Clarksville, Clarksville, Tennessee (Bank of Clarksville) for the wrongful dishonor of a draft under a letter of credit. Jurisdiction was based upon diversity of citizenship. The Bank appealed.
On August 26, 1983, several months after the filing of the Bank’s notice of appeal, the Bank was declared insolvent and was closed by the Tennessee Commissioner of Financial Institutions. The Federal Deposit Insurance Corporation (FDIC) was appointed receiver.…
2Cases cited16 opinions
- Landry v. Federal Deposit Insurance CorporationCourt of Appeals for the Third Circuit · 1973
- Venizelos, S.A. v. Chase Manhattan BankCourt of Appeals for the Second Circuit · 1970
- V. L. Nicholson Co. v. Transcon Investment & Financial Ltd.Tennessee Supreme Court · 1980
- Chase Manhattan Bank v. EquibankCourt of Appeals for the Third Circuit · 1977
- Rural Educational Association v. BushCourt of Appeals of Tennessee · 1956
11 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Banque Paribas v. Hamilton Industries International, Inc.Court of Appeals for the Seventh Circuit · 1985
- Chang v. University of Rhode IslandDistrict Court, D. Rhode Island · 1985
- Robbins v. Foothill NissanCalifornia Court of Appeal · 1994
- Hart v. First National Bank of MemphisCourt of Appeals of Tennessee · 1985
- Federal Savings & Loan Insurance Corp. v. KennedyCourt of Appeals of Texas · 1986
22 more not listed; retrieve them via the Exa API.