Legal Opinion

Federal Deposit Insurance v. OneBeacon Midwest Insurance

District Court, N.D. Illinois

Decided July 10, 2012No. 11 C 3972PublishedCited by 6 opinions

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

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
  4. Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
  5. Capitol Leasing Company v. Federal Deposit Insurance CorporationCourt of Appeals for the Seventh Circuit · 1993

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3Cited by6 opinions

  1. Sadler v. Pella Corp.District Court, D. South Carolina · 2015
  2. Naparala v. Pella Corp.District Court, D. South Carolina · 2015
  3. FDIC v. Urban Partnership BankDistrict Court, N.D. Illinois · 2018
  4. In re: SVB Financial Trust v. Federal Deposit Insurance Corporation, as Receiver for Silicon Valley BankUnited States Bankruptcy Court, S.D. New York · 2026
  5. In re: SVB Financial Trust v. Federal Deposit Insurance Corporation, as Receiver for Silicon Valley BankUnited States Bankruptcy Court, S.D. New York · 2026

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

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