Legal Opinion
Long Island Savings Bank, FSB v. United States
United States Court of Federal Claims
Decided December 9, 2002No. 92-517CPublishedCited by 7 opinions
1Opinion of the Court
OPINION
MARGOLIS, Senior Judge.
Plaintiffs brought this action against the United States contending that they had an enforceable contract with the Government to treat plaintiffs’ supervisory goodwill, which was created as a result of an acquisition of a failed thrift, as regulatory capital. As regulatory capital, the plaintiffs were permitted to amortize the goodwill over a forty-year period. Plaintiffs claim that, in enacting of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, Congress breached that contract by eliminating plaintiffs’ ability to count goodwill as…
2Cases cited31 opinions
- Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
- United States v. Winstar Corp.Supreme Court of the United States · 1996
- American Society of Mechanical Engineers, Inc. v. Hydrolevel Corp.Supreme Court of the United States · 1982
- United States v. Mississippi Valley Generating Co.Supreme Court of the United States · 1961
- Official Committee of Unsecured Creditors v. R.F. Lafferty & Co., Inc. Cogen Sklar, L.L.PCourt of Appeals for the Third Circuit · 2001
26 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Long Island Savings Bank, FSB v. United StatesCourt of Appeals for the Federal Circuit · 2007
- Long Island Savings Bank, FSB v. United StatesUnited States Court of Federal Claims · 2004
- American Heritage Bancorp v. United StatesUnited States Court of Federal Claims · 2004
- Long Island Savings Bank, FSB v. United StatesUnited States Court of Federal Claims · 2005
- The Long Island Savings Bank, Fsb, and the Long Island Savings Bank of Centereach Fsb v. United StatesCourt of Appeals for the Federal Circuit · 2007
2 more not listed; retrieve them via the Exa API.