Legal Opinion
Federal Deposit Insurance v. Great American Insurance
Court of Appeals for the Second Circuit
Decided June 7, 2010No. Docket 09-1052-cvPublishedCited by 396 opinions
1Opinion of the Court
KEENAN, District Judge:
I. BACKGROUND
The following facts are not in dispute. In 1999, Connecticut Bank of Commerce (“CBC”), having assets of approximately $89 million, entered into a Purchase and Assumption Agreement (the “P & A Agreement”) to acquire MTB Bank (“MTB”), a New York bank with approximately $299 million in assets. CBC purchased substantially all of MTB’s assets, including its factoring unit. This transaction required Federal Deposit Insurance Corporation (“FDIC”) approval, which MTB sought on August 4, 1999 and obtained on February 5, 2000. At the time MTB and CBC entered into the…
2Cases cited16 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
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- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Carol A. Gallo v. Prudential Residential Services, Limited Partnership, Doing Business as Prudential Relocation ManagementCourt of Appeals for the Second Circuit · 1994
- Scotto v. AlmenasCourt of Appeals for the Second Circuit · 1998
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3Cited by396 opinions
- Brown v. Eli Lilly and Co.Court of Appeals for the Second Circuit · 2011
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- Bacchus v. New York City Department of EducationDistrict Court, E.D. New York · 2015
- Perfect Pearl Co. v. Majestic Pearl & Stone, Inc.District Court, S.D. New York · 2012
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