Legal Opinion
Federal Deposit Insurance Corporation v. Bank One, Waukesha
Court of Appeals for the Seventh Circuit
Decided September 21, 1989No. 88-2511PublishedCited by 15 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Robert Nanz carried on an elaborate check kite. The First National Bank of Waukesha was one of its victims, as well as the recipient of some of the proceeds of Nanz’s fraud. (The First National Bank of Waukesha has been absorbed into Bank One, Waukesha; we call it “the Bank” for brevity.) Nanz funnelled money from the American City Bank & Trust Co. of Milwaukee (ACB) to his account at the Bank. ACB failed, and the Federal Deposit Insurance Corporation, as ACB’s receiver, sold to itself in its corporate capacity some of ACB’s assets, including the right to pursue the…
2Cases cited19 opinions
- Morrison v. OlsonSupreme Court of the United States · 1988
- Bonded Financial Services, Inc., Debtor-Appellant v. European American BankCourt of Appeals for the Seventh Circuit · 1988
- Federal Deposit Insurance Corporation v. W.R. Grace & Co. And Grace Petroleum CorporationCourt of Appeals for the Seventh Circuit · 1989
- Federal Deposit Insurance Corporation v. Citizens Bank & Trust Company of Park Ridge, IllinoisCourt of Appeals for the Seventh Circuit · 1979
- Federal Deposit Insurance Corporation, in Its Corporate Capacity, Plaintiff v. James H. Petersen, Henry Heidtbrink, and Jerry R. DunnCourt of Appeals for the Tenth Circuit · 1985
14 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- United States v. First National Bank of Cicero and Leslie I. CohodesCourt of Appeals for the First Circuit · 1992
- Holland v. United StatesUnited States Court of Federal Claims · 2006
- United States v. CarellDistrict Court, M.D. Tennessee · 2009
- Central States, Southeast & Southwest Areas Pension Fund v. Gopher News Co.District Court, N.D. Illinois · 2008
- Gecker v. Marathon Financial Insurance (In Re Automotive Professionals, Inc.)United States Bankruptcy Court, N.D. Illinois · 2008
10 more not listed; retrieve them via the Exa API.