Legal Opinion
Federal Deposit Insurance v. Insurance Co. of North America
District Court, D. Massachusetts
Decided March 15, 1996No. Civil Action 94-11078-REKPublishedCited by 7 opinions
1Opinion of the Court
Opinion
KEETON, District Judge.
This action was brought by the Federal Deposit Insurance Corporation (“FDIC”) as Receiver of The Bank for Savings (“Bank”) against Insurance Company of North America (“INA”). FDIC seeks to recover on a Financial Institution Bond (“Bond”) for losses suffered by the Bank and allegedly insured under the Bond. Before the court at this time is the Defendant’s Motion for Summary Judgment (Docket No. 19, filed August 15,1995). Because I conclude that the undisputed evidence on the record shows that the Bank’s notice to INA was not timely, FDIC is barred from seeking…
2Cases cited10 opinions
- American Surety Company v. PaulySupreme Court of the United States · 1898
- Johnson Controls, Inc. v. BowesMassachusetts Supreme Judicial Court · 1980
- Chas. T. Main, Inc. v. Fireman's Fund InsuranceMassachusetts Supreme Judicial Court · 1990
- J.I. Corp., F/k/a New England Rare Coin Galleries, Inc. v. Federal Insurance Company, D/B/A Chubb Group of Insurance CompaniesCourt of Appeals for the First Circuit · 1990
- Midland Bank & Trust Co. v. Fid. & Deposit Co. of Md.District Court, D. New Jersey · 1977
5 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Resolution Trust Corporation v. Fidelity And Deposit Company Of MarylandCourt of Appeals for the Third Circuit · 2000
- Federal Deposit Insurance v. Insurance Co. of North AmericaCourt of Appeals for the First Circuit · 1997
- Federal Deposit Insurance v. Underwriters of Lloyd's of London Fidelity Bond No. 834/FB9010020District Court, D. Massachusetts · 1998
- Resolution Trust Corp. v. Fidelity & Deposit Co. of MD,et al. (Part II)Court of Appeals for the Third Circuit · 2000
- Community Savings Bank v. Federal InsuranceDistrict Court, D. Connecticut · 1997
2 more not listed; retrieve them via the Exa API.