Legal Opinion

Betz v. Federal Deposit Insurance

Court of Appeals for the Ninth Circuit

Decided October 30, 1996No. 95-55259PublishedCited by 1 opinion

1Opinion of the Court

OPINION

DAVID R. THOMPSON, Circuit Judge:

Former directors of the failed HomeFed Bank, F.S.B. (the directors), appeal the dis*905trict court’s summary judgment in favor of the Resolution Trust Corporation (RTC) in the directors’ action to require the RTC to treat their withheld directors’ fee accounts as deposits with the bank. The RTC determined, and the district court held, that the accounts were not “deposits” within the meaning of 12 U.S.C. § 1813(l). We have jurisdiction over this timely appeal pursuant to 28 U.S.C. § 1291, and we affirm.1

I

HomeFed Bank, a federal savings institution, entered…

2Cases cited2 opinions

  1. Federal Deposit Insurance v. Philadelphia Gear Corp.Supreme Court of the United States · 1986
  2. Federal Deposit Insurance v. European American Bank & Trust Co.District Court, S.D. New York · 1983

3Cited by1 opinion

  1. 96 Cal. Daily Op. Serv. 7917, 96 Daily Journal D.A.R. 13,171 J. Gordon Betz David E. Giorgi, Individually and as Trustee of the David E. Giorgi Family Trust Anthony Guntermann, an Individual Harry H. Holthusen, an Individual J. Harold Peterson, Jr., an Individual John S. Rathborne, an Individual v. Federal Deposit Insurance Corporation, as Receiver for Homefed Bank, F.S.B.Court of Appeals for the Ninth Circuit · 1996

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