Legal Opinion
Federal Deposit Insurance Corporation v. La Rambla Shopping Center, Inc.
Court of Appeals for the First Circuit
Decided May 21, 1986No. 85-1334, 85-1785 and 85-1836PublishedCited by 68 opinions
1Opinion of the Court
BREYER, Circuit Judge.
The Federal Deposit Insurance Corporation (FDIC) sued La Rambla Shopping Center, Inc. in federal district court to recover money that La Rambla owed a failed bank, namely Banco Crédito y Ahorro Ponceno. The FDIC sued on the basis of a note executed by La Rambla in 1970; the note was one of Banco Credito’s assets that the FDIC purchased in 1978. La Rambla filed a counterclaim, based on a shopping center lease that Banco Crédito had made in 1968; the 1968 lease had nothing to do with the 1970 loan. The district court found for the FDIC on its claim on the note; it…
2Cases cited18 opinions
- Fed. Sec. L. Rep. P 98,654 William L. Gunter and Camille S. Gunter v. Theodore M. HutchesonCourt of Appeals for the Eleventh Circuit · 1982
- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Richard M. WoodCourt of Appeals for the Sixth Circuit · 1985
- Federal Deposit Insurance Corporation v. Citizens Bank & Trust Company of Park Ridge, IllinoisCourt of Appeals for the Seventh Circuit · 1979
- Federal Deposit Insurance Corporation v. The Merchants National Bank of MobileCourt of Appeals for the Eleventh Circuit · 1984
- Federal Deposit Insurance Corporation v. Manuel De Jesus Velez, Luis Dominguez v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1982
13 more not listed; retrieve them via the Exa API.
3Cited by68 opinions
- Anne Anderson v. Cryovac, Inc., Anne Anderson v. Beatrice Foods Co.Court of Appeals for the First Circuit · 1988
- Hoult v. HoultCourt of Appeals for the First Circuit · 1995
- Timberland Design, Inc. And William C. Barnsley v. First Service Bank for SavingsCourt of Appeals for the First Circuit · 1991
- United States Liability Insurance v. SelmanCourt of Appeals for the First Circuit · 1995
- Federal Deposit Insurance v. MassingillCourt of Appeals for the Fifth Circuit · 1994
63 more not listed; retrieve them via the Exa API.