Fidelity Financial Corp. v. Federal Home Loan Bank

ORDER GRANTING IN PART, AND DENYING IN PART, DEFENDANT’S MOTION TO DISMISS

SPENCER WILLIAMS, District Judge.

ORDER AND MEMORANDUM OF LAW

Defendant Federal Home Loan Bank of San Francisco’s (Bank’s) motion to dismiss plaintiff Fidelity Financial Corporation’s (Fidelity’s) claims for failure to state cognizable claims for which relief may be granted, requires this Court to accept Fidelity’s allegations of Bank’s ‘dastardly deeds’ in connection with the events leading to its closure and federal receivership, as true. On that premise, defendant’s motion is hereby GRANTED in part, and DENIED in part.

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