Legal Opinion
Ensign Financial Corp. v. Federal Deposit Insurance
District Court, S.D. New York
Decided February 19, 1992No. 90 CIV 5692 (KC)PublishedCited by 9 opinions
1Opinion of the Court
MEMORANDUM ORDER
CONBOY, District Judge:
Currently pending before this Court is defendants’ motion to dismiss the complaint. For the reasons that follow, defendants’ motion is granted in part and denied in part.
Background
A. The Parties
Plaintiff Hamilton Holding Company (“Hamilton”) owns 100% of plaintiff Ensign Financial Corporation (“Financial”), which in turn owns 100% of the stock of defendant Ensign Bank, FSB (“Ensign Bank”). Complaint ¶¶ 13-14. Plaintiffs created Ensign Bank in 1983 to acquire two insolvent savings and loan associations pursuant to an Assistance Agreement with the Federal…
2Cases cited40 opinions
- Tennessee Valley Authority v. HillSupreme Court of the United States · 1978
- Larson v. Domestic and Foreign Commerce Corp.Supreme Court of the United States · 1949
- Heckler v. Community Health Services of Crawford County, Inc.Supreme Court of the United States · 1984
- Bowen v. MassachusettsSupreme Court of the United States · 1988
- Usery v. Turner Elkhorn Mining Co.Supreme Court of the United States · 1976
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3Cited by9 opinions
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- in Winstar-Related Cases v. United StatesUnited States Court of Federal Claims · 1997
- Ammcon, Inc. v. KempDistrict Court, E.D. New York · 1993
- McAndrews v. New Bank of New England, N.A.District Court, D. Massachusetts · 1992
- National State Bank v. GonzalezNew Jersey Superior Court Appellate Division · 1993
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