Legal Opinion

W Holding Co. v. AIG Insur.

District Court, D. Puerto Rico

Decided June 10, 2013No. Civil No. 11-2271 (GAG)Published

1Opinion of the Court

*200 MEMORANDUM OPINION

GUSTAVO A. GELPI, District Judge.

Several former Westernbank directors and officers (“the D & O’s”)1 brought a third-party complaint against the Federal Deposit Insurance Corporation (“the FDIC”) and the United States of America (“United States”) (collectively “Defendants”) under the Federal Torts Claims Act (“FTCA”), 28 U.S.C. § 2671 et seq., and 12 U.S.C. § 1819(a) (the “ ‘sue and be sued’ clause”) (Docket No. 415.) The FDIC and the United States moved to dismiss the complaint for lack of jurisdiction and failure to state a claim. (Docket Nos. 463 & 465.) For the following…

2Cases cited14 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. O'Melveny & Myers v. Federal Deposit InsuranceSupreme Court of the United States · 1994
  4. Gargano v. Liberty International Underwriters, Inc.Court of Appeals for the First Circuit · 2009
  5. Parker v. Town of LexingtonCourt of Appeals for the First Circuit · 2008

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