Legal Opinion
Federal Deposit Insurance v. Pelletreau & Pelletreau
District Court, E.D. New York
Decided June 3, 1997No. CV 95-3461 (ADS)PublishedCited by 16 opinions
1Opinion of the Court
MEMORANDUM DECISION AND ORDER
SPATT, District Judge.'
This action was commenced on August 25, 1995 by the plaintiff Federal Deposit Insurance Corp. (“FDIC”) in its capacity as receiver of the Union Savings Bank (“Union”). The complaint alleges that the defendants, who were officers, trustees, committee members of Union, as well as Union’s general and regulatory counsel, failed to properly manage the bank’s joint venture real estate lending activity, and that as a result, the bank sustained over 60 million dollars in losses and was forced to close its doors. The defendant Pelletreau & Pelletreau…
2Cases cited30 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Scheuer v. RhodesSupreme Court of the United States · 1974
- United States v. GaubertSupreme Court of the United States · 1991
- O'Melveny & Myers v. Federal Deposit InsuranceSupreme Court of the United States · 1994
- Goldman v. BeldenCourt of Appeals for the Second Circuit · 1985
25 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- National Credit Union Administration v. First Union Capital Markets Corp.District Court, D. Maryland · 1999
- Ruffolo v. GarbariniAppellate Division of the Supreme Court of the State of New York · 1998
- Bankruptcy Services, Inc. v. Ernst & Young (In Re CBI Holding Co.)United States Bankruptcy Court, S.D. New York · 2000
- Federal Deposit Insurance v. GladstoneDistrict Court, D. Massachusetts · 1999
- UMG Recordings, Inc. v. LindorDistrict Court, E.D. New York · 2007
11 more not listed; retrieve them via the Exa API.