Legal Opinion

Demelo v. U.S. Bank National Association

Court of Appeals for the First Circuit

Decided August 16, 2013No. 12-2485PublishedCited by 21 opinions

1Opinion of the Court

SELYA, Circuit Judge.

The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), Pub.L. No. 101-73, 103 Stat. 183 (codified as amended in scattered sections of 12 U.S.C.), gives federal regulators a customized set of tools with which to ease the disruption often attendant to bank failures. When federal regulators step in, however, parties in interest ignore FIR-REA-imposed requirements at their peril. This case, in which we affirm the district court’s entry of judgment for a successor bank, bears witness to that verity.

I. BACKGROUND

The following facts are, for all…

2Cases cited15 opinions

  1. Teamsters, Chauffeurs, Warehousemen and Helpers Union, Local No. 59 v. Superline Transportation Company, Inc.Court of Appeals for the First Circuit · 1992
  2. Houlton Citizens' Coalition v. Town of HoultonCourt of Appeals for the First Circuit · 1999
  3. US Bank National Association v. IbanezMassachusetts Supreme Judicial Court · 2011
  4. Culhane v. Aurora Loan Services of NebrasCourt of Appeals for the First Circuit · 2013
  5. Serge Marquis v. Federal Deposit Insurance Corporation, as Liquidating Agent of Hillsborough Bank & Trust Company, Eltrex International Corporation v. Federal Deposit Insurance Corporation, as Liquidating Agent of Hillsborough Bank & Trust Company, Michael M. Mills v. Federal Deposit Insurance Corporation, as Receiver for Nashua Trust Company, James P. Goodrich v. Federal Deposit Insurance Corporation, as Receiver for Dartmouth BankCourt of Appeals for the First Circuit · 1992

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3Cited by21 opinions

  1. Xiaoyan Tang v. Citizens Bank, N.A.Court of Appeals for the First Circuit · 2016
  2. Rivera-Díaz v. Humana Insurance of Puerto Rico, Inc.Court of Appeals for the First Circuit · 2014
  3. Garcia-Gonzalez v. Puig-MoralesCourt of Appeals for the First Circuit · 2014
  4. Town of Portsmouth v. LewisCourt of Appeals for the First Circuit · 2016
  5. Showtime Entertainment, LLC v. Town of MendonCourt of Appeals for the First Circuit · 2014

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