ECCO Plains, LLC. v. United States
Court of Appeals for the Tenth Circuit
1Opinion of the Court
O’BRIEN, Circuit Judge.
The Federal Depository Insurance Corporation (FDIC), while acting as receiver 1 of the New Frontier Bank (the Bank), used proceeds from the sale of cattle be longing to a limited liability company (LLC) to pay down a loan of one of the two LLC members. According to the complaint, the FDIC had mo authority to do so because the payment was contrary to the members’ agreement. Ignoring the separate entity status of an LLC, the other LLC member brought suit in its own name against the United States under the Federal Tort Claims Act (FTCA) for what it claimed to be the FDIC’s…
2Cases cited30 opinions
- Federal Deposit Insurance v. MeyerSupreme Court of the United States · 1994
- United States v. NeustadtSupreme Court of the United States · 1961
- Kosak v. United StatesSupreme Court of the United States · 1984
- Block v. NealSupreme Court of the United States · 1983
- Aerolineas Argentinas, and Pakistan International Airlines v. United StatesCourt of Appeals for the Federal Circuit · 1996
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- Whitt v. American Property Construction, P.C.District of Columbia Court of Appeals · 2017
- Charles GROGAN v. Daniel UGGLA, Et Al.Tennessee Supreme Court · 2017
- Gilbert v. U.S. Bureau of Alcohol, Tobacco, Firearms & ExplosivesDistrict Court, D. Maryland · 2018
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