Legal Opinion
Fitzpatrick v. Federal Deposit Insurance
Court of Appeals for the Sixth Circuit
Decided June 19, 1985No. 84-3129PublishedCited by 1 opinion
1Opinion of the Court
BOYCE F. MARTIN, Jr., Circuit Judge.
This case deals with the responsibilities of bank directors in policing insider loans. The petitioner, Henry Davison Fitzpatrick, Jr., seeks review of a decision and order of the Federal Deposit Insurance Corporation assessing him $1,000 in civil money damages for his failure to exercise ordinary care as a bank director, pursuant to the Financial Institutions Regulatory and Interest Rate Control Act of 1978. We affirm.
Facts
Fitzpatrick was and is president and a director of The Bank Josephine, Prestons-burg, Kentucky, an insured state nonmember bank. He is…
2Cases cited4 opinions
- Briggs v. SpauldingSupreme Court of the United States · 1891
- Russell P. Miller and Margaret Jane Miller, His Wife v. American Telephone & Telegraph Company (Hereafter At&t)Court of Appeals for the Third Circuit · 1974
- Taplinger v. Northwestern Nat. BankCourt of Appeals for the Third Circuit · 1938
- Liberty Nat. Bank & Trust Co. v. Louisville Trust Co.Court of Appeals of Kentucky (pre-1976) · 1943
3Cited by1 opinion
- H.D. Fitzpatrick, Jr. v. Federal Deposit Insurance CorporationCourt of Appeals for the Sixth Circuit · 1985