Federal Deposit Insurance v. Cuvrell (In Re F & T Contractors, Inc.)

MEMORANDUM OPINION

HAROLD H. BOBIER, Bankruptcy Judge.

Introduction

The subject matter of this lawsuit concerns a complex contractual dispute between the Federal Deposit Insurance Corporation (hereinafter “FDIC”) and the bankrupt, F & T Contractors, Inc. (hereinafter “F & T”). The FDIC, “acting in its corporate capacity,” is the plaintiff, and the FDIC, “acting in its receivership capacity,” and the FDIC, “acting in its corporate capacity,” are the counter-defendants. F & T is the defendant and counter-plaintiff, in this law suit.

F & T was a Michigan corporation and exclusively involved in the…