Legal Opinion

Federal Deposit Insurance v. Canfield

Court of Appeals for the Tenth Circuit

Decided June 23, 1992No. 91-4143PublishedCited by 2 opinions

1Opinion of the Court

SEYMOUR, Circuit Judge.

This case requires our construction of section 212(k) of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), 12 U.S.C. § 1821(k) (Supp. I 1989). The Federal Deposit Insurance Corporation (FDIC) brought this action in its corporate capacity seeking to hold the officers and directors of the failed Tracy Collins Bank & Trust Company liable under Utah law for their allegedly negligent management of the institution. See 12 U.S.C. § 1823(c), (d)(3)(A); id. § 1821(d)(2)1; see also FDIC v. Bank of Boulder, 911 F.2d 1466, 1468-71 (10th Cir.1990),…

2Cases cited24 opinions

  1. Abbott Laboratories v. GardnerSupreme Court of the United States · 1967
  2. Taylor v. United StatesSupreme Court of the United States · 1990
  3. Kaiser Aluminum & Chemical Corp. v. BonjornoSupreme Court of the United States · 1990
  4. Patterson v. ShumateSupreme Court of the United States · 1992
  5. King v. St. Vincent's HospitalSupreme Court of the United States · 1991

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3Cited by2 opinions

  1. Federal Deposit Insurance Corporation v. CanfieldCourt of Appeals for the Tenth Circuit · 1992
  2. Citizens Bank of Jonesboro, Arkansas v. Western Employers Insurance CompanyCourt of Appeals for the Eighth Circuit · 1989

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