Legal Opinion

Federal Deposit Ins. Corp. v. Swager

District Court, D. Minnesota

Decided September 19, 1991No. Civ. 3-91-283PublishedCited by 34 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

DEVITT, District Judge.

Introduction

Plaintiff Federal Deposit Insurance Corporation (FDIC) commenced this action in its capacity as receiver of the Oak Park Bank of Stillwater, Minnesota against former directors of the bank seeking to recover $2.4 million in damages allegedly caused by defendants’ mismanagement. The FDIC’s complaint contains breach of fiduciary duty (count I), gross negligence in the performance of duties (count II), and unjust enrichment (count III) claims.

The cause is before the court upon various motions brought by several defendants. Defendants…

2Cases cited10 opinions

  1. Kaiser Aluminum & Chemical Corp. v. BonjornoSupreme Court of the United States · 1990
  2. Mountain States Telephone & Telegraph Co. v. Pueblo of Santa AnaSupreme Court of the United States · 1985
  3. Raymond P. Zajac and Helen Ann Zajac v. Federal Land Bank of St. PaulCourt of Appeals for the Eighth Circuit · 1990
  4. United States v. Advance MacHine Co.District Court, D. Minnesota · 1982
  5. Federal Deposit Ins. Corp. v. McSweeneyDistrict Court, S.D. California · 1991

5 more not listed; retrieve them via the Exa API.

3Cited by34 opinions

  1. Atherton v. Federal Deposit Insurance Corp.Supreme Court of the United States · 1997
  2. Chan v. Society Expeditions, Inc.Court of Appeals for the Ninth Circuit · 1994
  3. Federal Deposit Insurance Corporation v. CanfieldCourt of Appeals for the Tenth Circuit · 1992
  4. Resolution Trust Corporation v. Louis A. Miramon, Jr.Court of Appeals for the Fifth Circuit · 1994
  5. Federal Deposit Insurance v. Gonzalez-GorrondonaDistrict Court, S.D. Florida · 1993

29 more not listed; retrieve them via the Exa API.

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