First Nationwide Bank v. United States
Court of Appeals for the Federal Circuit
1Opinion of the Court
PAULINE NEWMAN, Circuit Judge.
This case arose from the savings and loan crisis of the 1980s and the ensuing regulatory regime, as summarized in United States v. Winstar Corp., 518 U.S. 839, 116 S.Ct. 2432, 135 L.Ed.2d 964 (1996). The United States Court of Federal Claims ruled that the government, in enacting and implementing the 1993 Guarini Amendment to the Internal Revenue Code, breached its contractual obligations to the First Nationwide Bank, and awarded damages. First Nationwide Bank v. United States, 48 Fed.Cl. 248 (2000) (Nationwide I); 49 Fed.Cl. 750 (2001) (Nationwide II); 51…
2Cases cited14 opinions
- Morton v. MancariSupreme Court of the United States · 1974
- United States v. Winstar Corp.Supreme Court of the United States · 1996
- Radzanower v. Touche Ross & Co.Supreme Court of the United States · 1976
- Hol-Gar Manufacturing Corp. v. The United StatesUnited States Court of Claims · 1965
- Glendale Federal Bank, Fsb, Plaintiff-Cross v. United StatesCourt of Appeals for the Federal Circuit · 2001
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