Legal Opinion
American Casualty Company of Reading, Pennsylvania v. Federal Deposit Insurance Corporation
Court of Appeals for the Seventh Circuit
Decided February 3, 1994No. 92-2457PublishedCited by 5 opinions
1Opinion of the Court
CUMMINGS, Circuit Judge.
In June 1986 the Wisconsin Bank Commissioner declared the American Bank of Alma, Wisconsin (the “Bank”) to be insolvent, and the Federal Deposit Insurance Company (the “FDIC”) was appointed the Bank’s receiver. In June 1989 the FDIC commenced suit against the former directors of the Bank in Wisconsin state court, alleging, inter alia, breach of fiduciary duty, and seeking to recover approximately five million dollars. Although it did not name the Bank’s insurance company, the American Casualty Company of Reading, Pennsylvania (“American Casualty”), as a defendant in…
2Cases cited13 opinions
- St. Paul Fire and Marine Insurance Company v. Federal Deposit Insurance Corporation, as Receiver of the State Bank of Greenwald, Minnesota v. Douglas A. Winter Bernadine Winter Robert J. OsendorfCourt of Appeals for the Eighth Circuit · 1992
- Finci v. American Casualty Co. of ReadingCourt of Appeals of Maryland · 1991
- American Casualty Company of Reading, Pennsylvania v. Federal Deposit Insurance Corporation John W. Christensen John W. Christensen, Jr. Eric Gustafson Gunnar E. Hanson Gerald R. Jensen Vernon M. Peterson Chester G. Sjoberg Donald N. Wieland and Michael G. Tolzin, American Casualty Company of Reading, Pennsylvania v. Federal Deposit Insurance Corporation, John W. Christensen John W. Christensen, Jr. Eric Gustafson Gunnar E. Hanson Gerald R. Jensen Vernon M. Peterson Chester G. Sjoberg Donald N. Wieland and Michael G. TolzinCourt of Appeals for the Eighth Circuit · 1991
- Am. Cas. Co. of Reading, Pa. v. BakerDistrict Court, C.D. California · 1991
- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. American Casualty Company of Reading, Pa., Garnishee Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Margie Zaborac, Chester Jacobus, George Baylor, and Harry Tarter, Wayne Grove and Linda Grove, and American Casualty Company of Reading, Pa., GarnisheeCourt of Appeals for the Seventh Circuit · 1993
8 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- American Casualty Co. v. Sentry Federal Savings BankDistrict Court, D. Massachusetts · 1994
- American Casualty Company Of Reading, Pennsylvania v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1994
- Resolution Trust Corp. v. HeddenDistrict Court, N.D. Mississippi · 1995
- American Casualty Co. of Reading v. Federal Deposit InsuranceCourt of Appeals for the Sixth Circuit · 1994
- Gather Church v. Lewis County et al.District Court, W.D. Washington · 2025