Federal Deposit Insurance v. UMIC, Inc.
Court of Appeals for the Tenth Circuit
1Opinion of the Court
TACHA, Circuit Judge.
The Federal Deposit. Insurance Corporation (FDIC) brought this case to recover losses sustained by Universal Savings Association, F.A. (Universal), in trading financial futures and options between 1984 and 1986. The FDIC, as successor to the Federal Savings and Loan Insurance Corporation (FSLIC), Universal’s- receiver, filed suit against a number of parties, including the brokers who executed trades on Universal’s behalf; One of the broker defendants set- tied, but the FDIC’s ease against the remaining defendants went to trial on theories of violations of the Commodities…
2Cases cited33 opinions
- Landgraf v. USI Film ProductsSupreme Court of the United States · 1994
- Lindh v. MurphySupreme Court of the United States · 1997
- Bradley v. School Bd. of RichmondSupreme Court of the United States · 1974
- White v. New Hampshire Department of Employment SecuritySupreme Court of the United States · 1982
- Osterneck v. Ernst & WhinneySupreme Court of the United States · 1989
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- Shaw v. AAA Engineering & Drafting, Inc.Court of Appeals for the Tenth Circuit · 2000
- United States v. PattonCourt of Appeals for the Tenth Circuit · 2006
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