Legal Opinion
Resolution Trust Corp. v. Ruggiero
Court of Appeals for the Seventh Circuit
Decided October 7, 1992No. 91-2095PublishedCited by 16 opinions
1Opinion of the Court
COFFEY, Circuit Judge.
Angelo Ruggiero took out a $200,000 loan from Peoples Bank for Savings (Peoples Bank) in Libertyville, Illinois. Soon thereafter Peoples Bank went under and the Federal Savings and Loan Insurance Corporation was appointed receiver. To facilitate the liquidation of Peoples Bank, the Federal Home Loan Bank Board chartered Peoples Savings and Loan Association (Peoples Savings). Peoples Savings then executed a purchase and assumption transaction, taking over the assets and liabilities of Peoples Bank, including the right to collect the Ruggiero loan. 12 U.S.C. § 1823(c)(2).…
2Cases cited16 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
- James N. And Betty G. Bowen v. Federal Deposit Insurance Corporation, as Receiver for First Republicbank--El PasoCourt of Appeals for the First Circuit · 1990
- Federal Savings and Loan Insurance Corporation v. Two Rivers Associates, Inc.Court of Appeals for the Eleventh Circuit · 1989
- Commerce Federal Savings Bank v. Federal Deposit Insurance Corp.Court of Appeals for the Sixth Circuit · 1989
11 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Mary KOVELESKIE, Plaintiff-Appellee, v. SBC CAPITAL MARKETS, INC. A/K/A SBC Warburg, Inc., Defendant-AppellantCourt of Appeals for the Seventh Circuit · 1999
- Eugene Pierce v. The Atchison, Topeka and Santa Fe Railway Co., D/B/A Santa Fe Railroad Co., Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1995
- Resolution Trust Corporation, as Receiver for Peoples Savings and Loan Associations, F.A. v. Angelo Ruggiero and Gina RuggieroCourt of Appeals for the Seventh Circuit · 1993
- Hurd v. Wildman, Harrold, Allen and DixonAppellate Court of Illinois · 1999
- Contempo Design, Incorporated v. Chicago and Northeast Illinois District Council of CarpentersCourt of Appeals for the Seventh Circuit · 2000
11 more not listed; retrieve them via the Exa API.