Federal Deposit Insurance v. OneBeacon Midwest Insurance
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION
JOHN F. GRADY, District Judge.
Before the court are: (1) the third-party defendants’ motion to strike and dismiss or sever and transfer the claims against them; and (2) the Federal Deposit Insurance Corporation’s (“FDIC”) motion to dismiss. For the reasons explained below, we grant the third-party defendants’ motion, and grant in part, and deny in part, the FDIC’s motion.
BACKGROUND
1. The FDIC’s Complaint
The FDIC, as receiver for Wheatland Bank (“Wheatland”), has filed a one-count breach-of-contract complaint against One-Beacon Midwest Insurance Company (“OneBeacon”) alleging…
2Cases cited38 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
- Capitol Leasing Company v. Federal Deposit Insurance CorporationCourt of Appeals for the Seventh Circuit · 1993
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