Bank of America, FSB v. United States
United States Court of Federal Claims
1Opinion of the Court
OPINION
WIESE, Judge.
This decision follows a trial on damages held from July 12-29 and resuming from August 23-September 2, 2004. At trial, plaintiff Bank of America sought $68.972 million in expectancy damages resulting from the government’s breach of a contract allowing, inter alia, plaintiffs predecessor institution to count supervisory goodwill and subordinated debt toward its regulatory capital requirements. After reviewing the parties’ post-trial submissions, the court heard closing arguments on May 10, 2005. For the reasons set forth below, we now find that plaintiff is entitled to…
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