Legal Opinion
First City Financial Corp. v. Federal Deposit Insurance (In Re First City Financial Corp.)
United States Bankruptcy Court, D. New Mexico
Decided April 29, 1986No. 16-11419PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM OPINION
MARK B. McFEELEY, Bankruptcy Judge.
This matter came before the Court on the Federal Deposit Insurance Corporation’s (FDIC) motion to dismiss the debtor’s complaint of preferential transfer under 11 U.S.C. § 547.
The issue before the Court is whether the debtor, First City Financial Corporation (FCFC) may maintain a cause of action against the FDIC in its receiver and corporate capacities under 11 U.S.C. § 547.
The Office of the Comptroller of the Currency appointed the FDIC as receiver of the Moncor Bank, N.A., Hobbs, New Mexico (Hobbs Bank) pursuant to 12 U.S.C. § 1821(c)…
2Cases cited5 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Fed. Sec. L. Rep. P 98,654 William L. Gunter and Camille S. Gunter v. Theodore M. HutchesonCourt of Appeals for the Eleventh Circuit · 1982
- La Mancha Aire, Inc. v. Federal Deposit Insurance (In Re La Mancha Aire, Inc.)United States Bankruptcy Court, S.D. Florida. · 1984
- Corbin v. Federal Reserve Bank of New YorkDistrict Court, S.D. New York · 1978
- Sol Neil Corbin v. Federal Reserve Bank Of New YorkCourt of Appeals for the Second Circuit · 1980
3Cited by5 opinions
- Gallant v. Kanterman (In Re Kanterman)United States Bankruptcy Court, S.D. New York · 1989
- Thistlethwaite v. Federal Deposit Insurance (In Re Pernie Bailey Drilling Co.)United States Bankruptcy Court, W.D. Louisiana · 1990
- Cinco Enterprises, Inc. v. BensoSupreme Court of Oklahoma · 1999
- Jobin v. Resolution Trust Corp.District Court, D. Colorado · 1993
- Angel Fire Ski Corp. v. Parker Town Square, Inc. (In re Angel Fire Ski Corp.)United States Bankruptcy Court, D. New Mexico · 1995