Legal Opinion

Mill Investments, Inc. v. Brooks Woolen Co., Inc.

District Court, D. Maine

Decided June 23, 1992No. Civ. 91-249-P-CPublishedCited by 15 opinions

1Opinion of the Court

MEMORANDUM AND ORDER GRANTING MOTION TO REMAND

GENE CARTER, Chief Judge.

This action for foreclosure arises from a loan made by Maine National Bank to Defendant Brooks Woolen Company. In January, 1991, the Federal Deposit Insurance Corporation (FDIC) was appointed receiver of Maine National Bank. The FDIC assigned the loan to a bridge bank, New Maine National Bank, which commenced this suit in Maine Superior Court on March 19, 1991. In July, 1991, New Maine National Bank was dissolved, and the FDIC was appointed its receiver. The FDIC, pursuant to 12 U.S.C. § 1819(b)(2)(A), removed the action…

2Cases cited17 opinions

  1. Carnegie-Mellon University v. CohillSupreme Court of the United States · 1988
  2. D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
  3. Paul E. Bettencourt, M.D. v. Board of Registration in Medicine of the Commonwealth of MassachusettsCourt of Appeals for the First Circuit · 1990
  4. Serge Marquis v. Federal Deposit Insurance Corporation, as Liquidating Agent of Hillsborough Bank & Trust Company, Eltrex International Corporation v. Federal Deposit Insurance Corporation, as Liquidating Agent of Hillsborough Bank & Trust Company, Michael M. Mills v. Federal Deposit Insurance Corporation, as Receiver for Nashua Trust Company, James P. Goodrich v. Federal Deposit Insurance Corporation, as Receiver for Dartmouth BankCourt of Appeals for the First Circuit · 1992
  5. The Federal Savings & Loan Insurance Corp., Etc., and First Gibraltar Bank, Fsb, Intervenor-Appellee v. Jack GriffinCourt of Appeals for the First Circuit · 1991

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3Cited by15 opinions

  1. New Rock Asset Partners, L.P. v. Preferred Entity Advancements, Inc.Court of Appeals for the Third Circuit · 1996
  2. Adair v. Lease Partners, Inc.Court of Appeals for the Fifth Circuit · 2009
  3. New Rock Asset Partners, L.P. v. Preferred Entity Advancements, Inc.Court of Appeals for the Third Circuit · 1996
  4. Federal Deposit Insurance Corporation, as Receiver for New Maine National Bank v. Roland Houde and Ora Houde, Federal Deposit Insurance Corporation, as Receiver for New Maine National Bank v. Roland Houde and Ora HoudeCourt of Appeals for the First Circuit · 1996
  5. Murray v. Bath Iron Works Corp.District Court, D. Maine · 1994

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