Citibank (South Dakota), N.A. v. Federal Deposit Insurance
District Court, District of Columbia
1Opinion of the Court
MEMORANDUM OPINION
THOMAS F. HOGAN, District Judge.
On March 26, 1993, this Court conducted a hearing to consider whether, as a matter of law, the Financial Institutions Reform and Recovery Act (“FIRREA”) protects the Federal Deposit Insurance Corporation (“FDIC”) from liability for damages caused by repudiation of a non-compete provision. 1 Based on the arguments and authorities presented by the parties in their briefs and during the hearing, the Court found that the non-compete provision could have value prior to repudiation and that the FDIC could be held liable for damages as a result.…
2Cases cited20 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
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Bowen v. MassachusettsSupreme Court of the United States · 1988
- Commissioner v. DanielsonCourt of Appeals for the Third Circuit · 1967
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3Cited by7 opinions
- Resolution Trust Corporation, as Receiver for Occidental Nebraska Savings Bank, F.S.B. v. Management, Inc.Court of Appeals for the Eighth Circuit · 1994
- Nashville Lodging Co. v. Resolution Trust Corp.District Court, District of Columbia · 1993
- Federal Deposit Insurance v. S.A.S. AssociatesDistrict Court, E.D. Virginia · 1999
- Federal Deposit Insurance v. Source One Mortgage Services Corp.District Court, D. Massachusetts · 1994
- Beach Tv Properties Inc. v. SolomanDistrict Court, District of Columbia · 2022
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