Federal Deposit Ins. Corp. v. Sanders
District Court, W.D. Pennsylvania
1Opinion of the Court
MEMORANDUM OPINION
LEWIS, District Judge.
The FDIC filed suit on August 3, 1989, seeking declaratory relief against Edythe Sanders, Ken Penn Amusements, Inc., Nova Expositions, Inc., Citizens Bank and Algemene Bank.
Count I of the complaint sought a declaration that the March 25, 1988 sale by the Westmoreland County Sheriff to Edythe Sanders of vehicles and amusement rides which were subsequently seized by a United States Marshal at the FDIC’s direction (the “Sheriff’s sale”) should be set aside due to the gross inadequacy of price paid by defendant Sanders. Counts II and III sought declarations…
2Cases cited7 opinions
- Granfinanciera, S.A. v. NordbergSupreme Court of the United States · 1989
- Dairy Queen, Inc. v. WoodSupreme Court of the United States · 1962
- Tull v. United StatesSupreme Court of the United States · 1987
- Chauffeurs, Teamsters & Helpers Local No. 391 v. TerrySupreme Court of the United States · 1990
- Simler v. ConnerSupreme Court of the United States · 1963
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- Northgate Homes v. City of DaytonCourt of Appeals for the Eighth Circuit · 1997