Legal Opinion
Adagio Investment Holding Ltd. v. Federal Deposit Insurance
District Court, District of Columbia
Decided September 28, 2004No. CIV.A. 02-2550(ESH)PublishedCited by 6 opinions
1Opinion of the Court
MEMORANDUM OPINION
HUVELLE, District Judge.
Plaintiffs allege that defendant FDIC, acting as receiver for a failed bank (“FDIC-R”), wrongfully reclassified millions of dollars by sweeping funds out of their insured accounts on the day that bank failed. The effect of this reclassification was to deny several plaintiffs full insurance payments from co-defendant FDIC, acting in its corporate capacity as insurer of deposit accounts (“FDIC-C”), and to withhold preferred status from plaintiffs’ claims against the bank. Now before the Court are cross-motions for summary judgment, as well as…
2Cases cited17 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- Skidmore v. Swift & Co.Supreme Court of the United States · 1944
- Christensen v. Harris CountySupreme Court of the United States · 2000
- O'Melveny & Myers v. Federal Deposit InsuranceSupreme Court of the United States · 1994
- National Union Fire Insurance Company of Pittsburgh, Pa v. City SavingsCourt of Appeals for the Third Circuit · 1994
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3Cited by6 opinions
- John W. Courtney v. Neal T. HalleranCourt of Appeals for the Seventh Circuit · 2007
- Wimbish v. Dist. of ColumbiaCourt of Appeals for the D.C. Circuit · 2019
- Bank of New York v. Federal Deposit InsuranceDistrict Court, District of Columbia · 2006
- Adagio Investment Holding Ltd. v. Federal Deposit InsuranceDistrict Court, District of Columbia · 2004
- Courtney, John W. v. Halleran, Neal T.Court of Appeals for the Seventh Circuit · 2007
1 more not listed; retrieve them via the Exa API.