Legal Opinion
In re the Liquidation of City & County Bank of Knox County
Court of Appeals of Tennessee
Decided October 7, 1992PublishedCited by 1 opinion
1Opinion of the Court
OPINION
SANDERS, Presiding Judge (Eastern Section).
This is another appeal which has its genesis in the failure of one of the numerous “Butcher banks.” On May 27, 1983, the Tennessee State Commissioner of Banking (Commissioner) closed and took possession of the City and County Bank of Knox County (C & C) in accordance with T.C.A. § 45-2-1502(c)(l). The Commissioner appointed the Federal Deposit Insurance Corporation (FDIC) as receiver of the closed bank pursuant to T.C.A. § 45-2-802. The FDIC accepted the appointment, as it was required to do under 12 U.S.C. § 1821(e).
Prior to the closing of C…
2Cases cited9 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
- Deitrick v. GreaneySupreme Court of the United States · 1940
- Federal Deposit Insurance Corporation v. The Merchants National Bank of MobileCourt of Appeals for the Eleventh Circuit · 1984
- Howell v. Continental Credit Corp.Court of Appeals for the Seventh Circuit · 1981
4 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Cisneros v. GrahamNebraska Supreme Court · 2016