Legal Opinion

Old Stone Corp. v. United States

United States Court of Federal Claims

Decided November 18, 2004No. 92-647 CPublishedCited by 11 opinions

1Opinion of the Court

OPINION AND ORDER

HODGES, Judge.

Plaintiff Old Stone Corporation became a bank holding company in June 1974 pursuant to the Bank Holding Company Act of 1956, 12 U.S.C. §§ 1841-1849. Old Stone Corporation was the sole shareholder of a commercial bank subsidiary, Old Stone Bank. The bank had been organized in Rhode Island as a mutual savings bank in 1819 and operated under that charter until 1974 when it became a commercial bank.

The Federal Home Loan Bank Board approached Old Stone’s management in 1984 seeking a buyer for a failing thrift known as Rhode Island Federal Savings Bank.1 Savings and…

2Cases cited27 opinions

  1. Daubert v. Merrell Dow Pharmaceuticals, Inc.Supreme Court of the United States · 1993
  2. Lynch v. United StatesSupreme Court of the United States · 1934
  3. United States v. Winstar Corp.Supreme Court of the United States · 1996
  4. Bluebonnet Savings Bank, F.S.B., Stone Capital, Inc. (Formerly Known as Cfsb Corporation), and James M. Fail v. United StatesCourt of Appeals for the Federal Circuit · 2001
  5. Winstar Corp. v. United StatesCourt of Appeals for the Federal Circuit · 1995

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3Cited by11 opinions

  1. Old Stone Corp. v. United StatesCourt of Appeals for the Federal Circuit · 2006
  2. VICI Racing, LLC v. T-Mobile USA, Inc.Court of Appeals for the Third Circuit · 2014
  3. Southern Nuclear Operating Co. v. United StatesUnited States Court of Federal Claims · 2007
  4. Cuyahoga Metropolitan Housing Authority v. United StatesUnited States Court of Federal Claims · 2005
  5. Citizens Federal Bank v. United StatesUnited States Court of Federal Claims · 2005

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