Legal Opinion
Sunshine Development, Inc. v. Federal Deposit Insurance Corporation, as Liquidating Agent for First Service Bank for Savings
Court of Appeals for the First Circuit
Decided August 22, 1994No. 94-1509PublishedCited by 77 opinions
1Opinion of the Court
SELYA, Circuit Judge.
This appeal requires us to determine the scope of the immunity from injunctions granted to the Federal Deposit Insurance Corporation (FDIC) under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), Pub.L. 101-73, 103 Stat. 183 (Aug. 9, 1989), in the context of bankruptcy proceedings. After sketching how Congress intended FIRREA to operate, and clarifying the source and extent of bankruptcy courts’ powers to manage the estates of debtors whose fates are intertwined with the affairs of failed financial institutions, we conclude that the court…
2Cases cited21 opinions
- Connecticut National Bank v. GermainSupreme Court of the United States · 1992
- Granfinanciera, S.A. v. NordbergSupreme Court of the United States · 1989
- Katchen v. LandySupreme Court of the United States · 1966
- Langenkamp v. CulpSupreme Court of the United States · 1991
- Board of Governors of the Federal Reserve System v. MCorp Financial, Inc.Supreme Court of the United States · 1991
16 more not listed; retrieve them via the Exa API.
3Cited by77 opinions
- Diana Houck v. Substitute Trustee ServicesCourt of Appeals for the Fourth Circuit · 2015
- Soares v. Brockton Credit UnionCourt of Appeals for the First Circuit · 1997
- Hindes v. Federal Deposit Insurance CorporationCourt of Appeals for the Third Circuit · 1998
- Jamo v. Katahdin Federal Credit UnionCourt of Appeals for the First Circuit · 2002
- Heghmann v. Indorf (In Re Heghmann)Bankruptcy Appellate Panel of the First Circuit · 2004
72 more not listed; retrieve them via the Exa API.