Meyer v. Rigdon
Court of Appeals for the Seventh Circuit
1Opinion of the Court
KANNE, Circuit Judge.
Robert Rigdon was the president of People’s State Bank of Clay County, Indiana. He was also a member of the Bank’s board of directors and owned a controlling interest in the Bank. In August of 1984, the Federal Deposit Insurance Corporation (“FDIC”) and the Indiana Department of Financial Institutions determined that the Bank was insolvent. Thereafter, the Bank was closed and the FDIC was appointed receiver of the Bank pursuant to 12 U.S.C. § 1821(e). The FDIC then brought suit against Rigdon and the other members of the Bank’s board of directors — Arthur Meyer, Dorothy…
2Cases cited49 opinions
- Grogan v. GarnerSupreme Court of the United States · 1991
- Parklane Hosiery Co. v. ShoreSupreme Court of the United States · 1979
- Allis-Chalmers Corp. v. LueckSupreme Court of the United States · 1985
- Brown v. FelsenSupreme Court of the United States · 1979
- Gleason v. ThawSupreme Court of the United States · 1915
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3Cited by232 opinions
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- Denton v. HymanCourt of Appeals for the Second Circuit · 2007
- In the Matter of Robert Sheridan, Debtor-Appellee. Appeal of City National Bank of FloridaCourt of Appeals for the Seventh Circuit · 1995
- Northern States Power Co. v. BugherWisconsin Supreme Court · 1995
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