Old Stone Corp. v. United States
Court of Appeals for the Federal Circuit
1Opinion of the Court
DYK, Circuit Judge.
This is a Winstar damages case. See United States v. Winstar Corp., 518 U.S. 839, 116 S.Ct. 2432, 135 L.Ed.2d 964 (1996). The United States appeals the decision of the United States Court of Federal Claims, which awarded to Old Stone Corporation (“OSC”) $192.5 million in damages for the government’s breach of contract. Old Stone Corp. v. United States, 63 Fed.Cl. 65 (2004) (“Old Stone II”). The breach was the elimination of regulatory capital by the enactment of the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (“FIR-REA”), Pub.L. No. 101-73, 103 Stat.…
2Cases cited29 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
- United States v. Winstar Corp.Supreme Court of the United States · 1996
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- California Federal Bank, Fsb, Plaintiff-Cross v. United StatesCourt of Appeals for the Federal Circuit · 2001
- Winstar Corp. v. United StatesCourt of Appeals for the Federal Circuit · 1995
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