First State Bank of Hudson County v. The United States of America
Court of Appeals for the First Circuit
1Opinion of the Court
OPINION OF THE COURT
ROSENN, Circuit Judge.
On June 14, 1976, the New Jersey Commissioner of Banking closed the doors and seized the assets of the First State Bank of Hudson County (the “Bank”), a commercial institution chartered under the laws of New Jersey, whose deposits were insured by the Federal Deposit Insurance Corporation (“FDIC”). Alleging that in the course of a bank examination the FDIC had discovered that the Bank’s president was engaging in serious criminal violations involving the misapplication of bank funds but that the FDIC had negligently failed to report such discovery to…
2Cases cited23 opinions
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- Goldberg v. Housing Auth. of City of NewarkSupreme Court of New Jersey · 1962
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- Richard J. Griffin and Mary Jane Griffin, His Wife v. United StatesCourt of Appeals for the Third Circuit · 1974
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3Cited by89 opinions
- Fed. Sec. L. Rep. P 98,654 William L. Gunter and Camille S. Gunter v. Theodore M. HutchesonCourt of Appeals for the Eleventh Circuit · 1982
- Hindes v. Federal Deposit Insurance CorporationCourt of Appeals for the Third Circuit · 1998
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- Simon v. CebrickCourt of Appeals for the Third Circuit · 1995
- Rank v. NimmoCourt of Appeals for the Ninth Circuit · 1982
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