Legal Opinion
Midwest Financial Acceptance Corp. v. Federal Deposit Insurance
District Court, W.D. New York
Decided April 17, 2000No. 6:99-cv-06363PublishedCited by 1 opinion
1Opinion of the Court
DECISION AND ORDER
LARIMER, Chief Judge.
Plaintiff, Midwest Financial Assistance Corporation (“Midwest”), commenced this action on August 18, 1999, against defendant Federal Deposit Insurance Corporation (“FDIC”). Midwest alleges that FDIC has breached a contract with Midwest by refusing to repurchase a loan that Midwest purchased from FDIC in 1998. Jurisdiction is premised on 28 U.S.C. § 1331 and 12 U.S.C. § 1819(b), which provides that all civil suits in which FDIC is a party shall be deemed to arise under the laws of the United States. Both sides have moved for summary judgment.
BACKGROUND
The…
2Cases cited28 opinions
- Coker v. CokerTexas Supreme Court · 1983
- Johnson v. Home State BankSupreme Court of the United States · 1991
- National Union Fire Insurance Co. of Pittsburgh v. CBI Industries, Inc.Texas Supreme Court · 1995
- Heritage Resources, Inc. v. NationsBankTexas Supreme Court · 1997
- Forbau Ex Rel. Miller v. Aetna Life Insurance Co.Texas Supreme Court · 1994
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3Cited by1 opinion
- Gwynne v. Credit Suisse First Boston (USA), Inc. (In Re Quintus Corp.)United States Bankruptcy Court, D. Delaware · 2008