Legal Opinion
In Re the Liquidation of American City Bank & Trust Co., N.A.
District Court, E.D. Wisconsin
Decided October 21, 1975No. Civ. A. 75-C-609PublishedCited by 13 opinions
1Opinion of the Court
MEMORANDUM OPINION
WARREN, District Judge.
The Federal Deposit Insurance Corporation (“FDIC”), as Receiver of the American City Bank & Trust Company, N.A., a National Banking Association, (“ACB”), has petitioned this Court for an ex parte order authorizing the sale of assets, transfer of liabilities, and transfer of trust powers of ACB to another banking association. Such an arrangement is commonly known as a purchase and assumption transaction. Requests for ex parte orders should only be ordered in extraordinary circumstances where, on balance, the right to be heard is outweighed by…
2Cases cited12 opinions
- M'culloch v. State of MarylandSupreme Court of the United States · 1819
- Fuentes v. ShevinSupreme Court of the United States · 1972
- Cook County National Bank v. United StatesSupreme Court of the United States · 1883
- Liberty Nat. Bank of South Carolina v. McIntoshCourt of Appeals for the Fourth Circuit · 1927
- In Re the Liquidation of Franklin National BankDistrict Court, E.D. New York · 1974
7 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Damian Sinclair, Individually and as Assignee of Sinclair National Bank v. John D. Hawke, Jr.Court of Appeals for the Eighth Circuit · 2003
- Federal Deposit Insurance Corporation v. Henry S. Lauterbach, John Debelak and Nicholas Lesselyoung, DefendantsCourt of Appeals for the Seventh Circuit · 1980
- Federal Deposit Insurance Corporation, as Receiver of Franklin National Bank v. Jean M. Grella, Jean M. GrellaCourt of Appeals for the Second Circuit · 1977
- Federal Deposit Ins. Corp. v. LesselyoungDistrict Court, E.D. Wisconsin · 1979
- Federal Deposit Insurance v. Bank of San MarinoCalifornia Court of Appeal · 1985
8 more not listed; retrieve them via the Exa API.