Legal Opinion

Telematics International, Inc. v. Nemlc Leasing Corporation

Court of Appeals for the First Circuit

Decided June 22, 1992No. 91-2003PublishedCited by 72 opinions

1Opinion of the Court

LOUIS H. POLLAK, Senior District Judge.

This case requires us to address the scope of a federally-created receiver’s power to exercise its statutory powers free of judicial interference. We conclude that under 12 U.S.C. § 1821®, a federal court lacks jurisdiction to enjoin the Federal Deposit Insurance Corporation (FDIC), acting in its role as receiver for a banking institution, from attaching a certificate of deposit in which the banking institution holds a security interest.

I. Factual and Procedural Background

Underlying this action is an equipment lease that was initially executed in…

2Cases cited7 opinions

  1. Kaiser Aluminum & Chemical Corp. v. BonjornoSupreme Court of the United States · 1990
  2. American Tobacco Co. v. PattersonSupreme Court of the United States · 1982
  3. United States v. JamesSupreme Court of the United States · 1986
  4. Coit Independence Joint Venture v. Federal Savings & Loan InsuranceSupreme Court of the United States · 1989
  5. Rosa v. Resolution Trust Corp.Court of Appeals for the Third Circuit · 1991

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3Cited by72 opinions

  1. Hindes v. Federal Deposit Insurance CorporationCourt of Appeals for the Third Circuit · 1998
  2. Perry Capital LLC v. MnuchinCourt of Appeals for the D.C. Circuit · 2017
  3. Daniel J. GATELY, Et Al., Plaintiffs, Appellees, v. COMMONWEALTH OF MASSACHUSETTS, Et Al., Defendants, AppellantsCourt of Appeals for the First Circuit · 1993
  4. Dittmer Properties, L.P. v. Federal Deposit InsuranceCourt of Appeals for the Eighth Circuit · 2013
  5. United Liberty Life Insurance Company v. Timothy RyanCourt of Appeals for the Sixth Circuit · 1993

67 more not listed; retrieve them via the Exa API.

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