Landmark Land Co. v. United States

OPINION

HODGES, Judge.

The Supreme Court has ruled that the United States breached its contracts with certain financial institutions when it enacted the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA). United States v. Winstar Corporation, 518 U.S. 839, 843, 116 S.Ct. 2432, 135 L.Ed.2d 964 (1996). FIRREA affected a number of financial institutions, many of which have cases pending in this court to determine damages. The breach in Landmark’s instance arises in connection with a 1982 agreement by which Landmark took over a failing thrift from the Government by contributing…