Legal Opinion
Anheuser-Busch Employees Credit Union v. Federal Deposit Insurance
District Court, W.D. Missouri
Decided December 1, 1986No. 83-0335-CV-W-0PublishedCited by 2 opinions
1Opinion of the Court
OPINION AND ORDER ON DEFENDANT’S MOTION FOR SUMMARY JUDGMENT
ROSS T. ROBERTS, District Judge.
This action arises from the failure of the Oklahoma City, Oklahoma based Penn Square Bank, N.A. (“Penn Square”). The plaintiffs are six Missouri credit unions (Anheuser-Busch Employees Credit Union, Emerson Credit Union, St. Louis Federal Center Credit Union, Brentwood Credit Union, Monsanto Community Credit Union, and Gateway Credit Union), each of which had invested funds in excess of $100,000 in certificates of deposit issued by Penn Square. 1 On July 5, 1982, the Comptroller of the Currency closed…
2Cases cited16 opinions
- James E. Northern and Shirley Northern v. McGraw Company, Betty Soper and Jeffson Industries, Inc., Intervenors-AppelleesCourt of Appeals for the Eighth Circuit · 1976
- Ramacciotti v. Joe Simpkins, Inc.Supreme Court of Missouri · 1968
- Baker v. St. Paul Fire & Marine Insurance CompanyMissouri Court of Appeals · 1968
- Schroer v. SchroerSupreme Court of Missouri · 1952
- Baker v. McCue-Moyle Development Co.Missouri Court of Appeals · 1985
11 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- City of Arlington v. Federal Deposit InsuranceDistrict Court, N.D. Texas · 1990
- Anheuser-Busch v. FdicCourt of Appeals for the Eighth Circuit · 1987