Legal Opinion
Fed. Deposit Ins. Corp. v. Bank of Am., N.A.
Court of Appeals for the D.C. Circuit
Decided March 27, 2018No. Civil Action No. 17–36 (EGS)PublishedCited by 3 opinions
1Opinion of the Court
Emmet G. Sullivan, United States District Judge
I. Introduction
Every quarter, insured banking institutions make payments, known as "assessments," into the Deposit Insurance Fund ("Fund"), which insures depositors' accounts up to $250,000. Pursuant to the Federal Deposit Insurance Act ("FDIA" or "Act"), see 12 U.S.C. § 1817, the Federal Deposit Insurance Corporation ("FDIC") created a "risk-based" system to calculate each institution's assessment based on that institution's self-reported, quarterly data. The FDIC alleges that defendant Bank of America, N.A. ("BANA") improperly reported its…
2Cases cited24 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Gomez v. ToledoSupreme Court of the United States · 1980
- Charles Kowal v. MCI Communications CorporationCourt of Appeals for the D.C. Circuit · 1994
- Dolly Kyle Browning and Direct Outstanding Creations Corporation v. William Jefferson ClintonCourt of Appeals for the D.C. Circuit · 2002
19 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Federal Deposit Insurance Corporation v. Bank of America, N.A.District Court, District of Columbia · 2025
- Federal Deposit Insurance Corporation v. Bank of America, N.A.District Court, District of Columbia · 2025
- Wang v. New Mighty U.S. TrustDistrict Court, District of Columbia · 2020