Legal Opinion

Federal Deposit Ins. Corp. v. Ashley

District Court, E.D. Michigan

Decided March 8, 1976No. Civ. A. 75-71600PublishedCited by 7 opinions

1Opinion of the Court

OPINION AND ORDER DISMISSING ACTION FOR LACK OF JURISDICTION

KENNEDY, District Judge.

The Court on its own motion issued an order to show cause why this action should not be dismissed for lack of jurisdiction. The parties responded and have briefed and orally argued the issue. Plaintiff asserts that the Court has jurisdiction of this action by the Federal Deposit Insurance Corporation (FDIC) against former officers and directors of the Tri-City Bank of Warren.

The relevant jurisdictional provision is 12 U.S.C. § 1819, which provides:

[The FDIC] shall have power—

Fourth. To sue and be sued . . .

All…

2Cases cited13 opinions

  1. Kramer v. Caribbean Mills, Inc.Supreme Court of the United States · 1969
  2. Freeling v. SebringCourt of Appeals for the Tenth Circuit · 1961
  3. Federal Deposit Insurance Corporation v. Marine National Bank of JacksonvilleCourt of Appeals for the Fifth Circuit · 1970
  4. Federal Savings and Loan Insurance Corporation, Receiver of Lawn Savings and Loan Association v. Henry KruegerCourt of Appeals for the Seventh Circuit · 1970
  5. Federal Deposit Ins. Corp. v. National Surety Corp.District Court, S.D. Iowa · 1972

8 more not listed; retrieve them via the Exa API.

3Cited by7 opinions

  1. Federal Deposit Insurance Corporation v. Citizens Bank & Trust Company of Park Ridge, IllinoisCourt of Appeals for the Seventh Circuit · 1979
  2. Federal Deposit Insurance Corporation v. Manuel De Jesus Velez, Luis Dominguez v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1982
  3. Federal Deposit Insurance Corporation v. William W. Godshall and Martha D. GodshallCourt of Appeals for the Fourth Circuit · 1977
  4. Federal Deposit Insurance v. BerryDistrict Court, E.D. Tennessee · 1987
  5. Federal Deposit Ins. Corp. v. AbrahamDistrict Court, E.D. Louisiana · 1977

2 more not listed; retrieve them via the Exa API.

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