Legal Opinion

Deutsche Bank National Trust Company, as Trustee for the Trusts v. Federal Deposit Insurance Corporation

District Court, District of Columbia

Decided June 17, 2015No. Civil Action No. 2009-1656PublishedCited by 1 opinion

1Opinion of the Court

AMENDED MEMORANDUM OPINION

ROSEMARY M. COLLYER, United States District Judge

This is a contract action of some moment. Washington Mutual Bank (WaMu), the largest savings and loan (or “thrift”) in the country, failed in a spectacular way when the housing bubble burst in 2007-08. On September 25, 2008, the Office of Thrift Supervision seized WaMu and transferred ownership of the thrift to the Federal Deposit Insurance Corporation (FDIC). FDIC in turn immediately sold all of WaMu’s assets and substantially all of its liabilities to JPMorgan Chase Bank, National Association (JPMC). The acquisition…

2Cases cited24 opinions

Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
Mastrobuono v. Shearson Lehman Hutton, Inc.Supreme Court of the United States · 1995
United States v. ITT Continental Baking Co.Supreme Court of the United States · 1975
Roy E. Bowden v. United StatesCourt of Appeals for the D.C. Circuit · 1997

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3Cited by1 opinion

Shoshone-Bannock v. KempthorneDistrict Court, District of Columbia · 2020