Legal Opinion
Marques, Santiago v. v. Fed'l Reserve Bank
Court of Appeals for the Seventh Circuit
Decided April 16, 2002No. 01-2522PublishedCited by 1 opinion
1Opinion of the Court
POSNER, Circuit Judge.
The plaintiffs brought suit against the Federal Reserve Bank of Chicago and the Federal Deposit Insurance Corporation, plus the shareholders of the federal re serve bank (the other national banks in the bank’s federal reserve district, 12 U.S.C. §§ 222, 282; Lewis v. United States, 680 F.2d 1239, 1241 (9th Cir.1982)), which are individually liable for the bank’s debts “to the extent of the amount of their subscriptions to [the bank’s] stock at the par value thereof in addition to the amount subscribed.” 12 U.S.C. § 502. The plaintiffs claim to be the agents for the…
2Cases cited31 opinions
- Garita Hotel Limited Partnership, Etc. v. Ponce Federal Bank, F.S.B.Court of Appeals for the First Circuit · 1992
- Milton B. Russell v. Delco Remy Division of General Motors Corporation, Saegertown Manufacturing Company and Jordan ChalmerCourt of Appeals for the Seventh Circuit · 1995
- Cephus Bell v. Eastman Kodak CompanyCourt of Appeals for the Seventh Circuit · 2000
- Jeffrey Hess v. Janie Cockrell, Director, Texas Department of Criminal Justice, Institutional DivisionCourt of Appeals for the Fifth Circuit · 2002
- In the Matter of Arlo B. Edwards, Debtor-Appellee. Appeal of Golden Guernsey Dairy Co-OpCourt of Appeals for the Seventh Circuit · 1992
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3Cited by1 opinion
- Marques v. Federal Reserve Bank of ChicagoCourt of Appeals for the Seventh Circuit · 2002