Legal Opinion
Colorado State Bank of Walsh v. Federal Deposit Insurance
District Court, D. Colorado
Decided July 14, 1987No. Civ. A. 87-M-207PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
MATSCH, District Judge.
The Plaintiff, Colorado State Bank of Walsh (Bank of Walsh), purchased a 100% “participation interest” in a $100,000 loan to John R. and Shirley M. Sharpe from First National Bank of Springfield (Bank of Springfield). The Federal Deposit Insurance Corporation (FDIC) assumed control of the Bank of Springfield before the first installment became due on the Sharpe loan. The FDIC as receiver sold the Sharpe note to itself in its corporate capacity.
The Sharpes have defaulted on their loan and now Bank of Walsh is suing FDIC and the United States…
2Cases cited8 opinions
- Dalehite v. United StatesSupreme Court of the United States · 1953
- United States v. S.A. Empresa De Viacao Aerea Rio GrandenseSupreme Court of the United States · 1984
- Juan Santoni, Jr. v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1982
- Harrison Western Corporation, a Florida Corporation v. Gulf Oil Company, a Pennsylvania CorporationCourt of Appeals for the Tenth Circuit · 1981
- Glenn Arms Associates v. Century Mortgage & Investment Corp.Colorado Court of Appeals · 1984
3 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- New Bank of New England, N.A. v. Toronto-Dominion BankDistrict Court, S.D. New York · 1991
- Bayerische Hypo-Und Vereinsbank AG v. Banca Nazionale Del Lavoro, S.P.A. (In Re Enron Corp.)United States Bankruptcy Court, S.D. New York · 2003
- Ticor Title Insurance v. Federal Deposit InsuranceDistrict Court, S.D. Texas · 1990