Sarraga v. Girod Vela & Co., Inc.
District Court, D. Puerto Rico
1Opinion of the Court
OPINION AND ORDER
GIERBOLINI, District Judge.
This case has its genesis in the failure of Girod Trust Company (the Bank). On August 16, 1984, the Secretary of the Treasury of Puerto Rico determined that the Bank was insolvent and placed it in receivership pursuant to 7 P.R. Laws § 201. On that same date, the Federal Deposit Insurance Company (FDIC) was appointed receiver and liquidator of the Bank and accepted such appointment pursuant to 12 U.S.C. § 1821(e).
The complaint was originally filed by plaintiff in the Superior Court of Puerto Rico, San Juan Part against the Bank, Gir-od Vela & Co.,…
2Cases cited17 opinions
- United States v. SherwoodSupreme Court of the United States · 1941
- United States v. MitchellSupreme Court of the United States · 1980
- United States v. KingSupreme Court of the United States · 1969
- Gregory v. MitchellCourt of Appeals for the Fifth Circuit · 1981
- Gary L. Adams v. United StatesCourt of Appeals for the Fifth Circuit · 1980
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3Cited by11 opinions
- Federal Deposit Ins. Corp. v. CarterDistrict Court, C.D. California · 1987
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- Yankee Bank for Finance & Savings, FSB v. Hanover Square Associates-One Ltd. PartnershipDistrict Court, N.D. New York · 1988
- Federal Deposit Ins. Corp. v. DannenDistrict Court, W.D. Missouri · 1990
- Federal Deposit Insurance v. James T. Barnes of Puerto Rico, Inc.District Court, D. Puerto Rico · 1993
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