Legal Opinion

Integral Development Corporation v. Federal Deposit Insurance Corporation

District Court, District of Columbia

Decided July 29, 2025No. Civil Action No. 2024-1528Published

1Opinion of the Court

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA INTEGRAL DEVELOPMENT CORPORATION, Plaintiff, Case No. 1:24-cv-01528-RCL v. FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for First Republic Bank, Defendant. MEMORANDUM OPINION This case concerns the repudiation of a contract by the defendant, the Federal Deposit Insurance Corporation (“the FDIC”), pursuant to the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”). The plaintiff, Integral Development Corp. (“Integral”), sued the FDIC in its capacity as receiver for First Republic Bank (“FRB”) following…

2Cases cited19 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Victor Herbert v. National Academy of SciencesCourt of Appeals for the D.C. Circuit · 1992
  4. United States v. GonzalesSupreme Court of the United States · 1997
  5. Grand Lodge of the Fraternal Order of Police v. AshcroftDistrict Court, District of Columbia · 2001

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