Benj. Franklin Shareholders Litigation Fund v. Federal Deposit Insurance

MEMORANDUM OPINION

SULLIVAN, District Judge.

Plaintiff The Benjamin Franklin Shareholders Litigation Fund (“the Litigation Fund”) brings this suit against the Federal Deposit Insurance Corporation (“FDIC”) in its capacity as receiver for the Benjamin Franklin Savings & Loan Association (“Ben.Franklin”), in order to challenge the FDIC’s decision not to pay interest on an approved receivership claim. Currently pending before the Court are the parties’ cross-motions for summary judgment. Upon consideration of the motions, the responses and replies thereto, the applicable law, and the entire…