Federal Deposit Insurance Corporation v. First Heights Bank, Fsb Pulte Diversified Companies, Inc. Pulte Corporation

OPINION

BOYCE F. MARTIN, Jr., Chief Judge.

The Federal Deposit Insurance Corporation (FDIC) initiated this litigation in 1995, alleging breach by the Pulte Corporation, Pulte Diversified Companies, Inc., and First Heights Bank (whom we will refer to collectively as the Pulte Group 1 ) of the Assistance Agreement and subsequent contracts governing the acquisition of failed thrifts during the savings and loan crisis of the 1980s. The FDIC filed multiple summary judgment motions claiming that the Pulte Group violated: (1) section 9 of the Assistance Agreement, requiring the Pulte Group to share…