Legal Opinion

Federal Deposit Insurance v. Bierman

Court of Appeals for the Seventh Circuit

Decided August 10, 1993No. Nos. 91-2893 & 91-2941PublishedCited by 8 opinions

1Opinion of the Court

RIPPLE, Circuit Judge.

In November 1985, after a lengthy investigation of the faltering Allen County Bank (ACB) in Fort Wayne, Indiana, the Indiana Department of Financial Institutions (DFI) *1426began liquidation proceedings and the Federal Deposit Insurance Corporation (FDIC) was appointed receiver. On November 27, 1987, the FDIC filed suit against seven former directors and officers of ACB. It alleged breaches of common law and statutory duties that resulted in losses to the bank. The case was tried to the bench in July 1991, and judgment was entered in the amount of $574,809.36 against the…

2Cases cited51 opinions

  1. Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
  2. United States v. United States Gypsum Co.Supreme Court of the United States · 1948
  3. United States v. GaubertSupreme Court of the United States · 1991
  4. United States v. S.A. Empresa De Viacao Aerea Rio GrandenseSupreme Court of the United States · 1984
  5. Inwood Laboratories, Inc. v. Ives Laboratories, Inc.Supreme Court of the United States · 1982

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

3Cited by8 opinions

  1. Federal Deposit Insurance Corporation v. Gilbert BiermanCourt of Appeals for the Seventh Circuit · 1993
  2. Earl Hickerson, Plaintiff-Appellant/cross-Appellee v. Unit Officer John Koepp, Defendant-Appellee/cross-AppellantCourt of Appeals for the Sixth Circuit · 1997
  3. Downs v. Commissioner of Social SecurityDistrict Court, W.D. Washington · 2019
  4. Oxley v. Contra Costa County Sheriff DepartmentDistrict Court, N.D. California · 2025
  5. United States v. Kozeny (Bourke)Court of Appeals for the Second Circuit · 2008

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

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