Legal Opinion
Praxis Properties, Inc. v. Colonial Savings Bank
Court of Appeals for the Third Circuit
Decided October 8, 1991No. 90-5589PublishedCited by 17 opinions
1Opinion of the Court
OPINION OF THE COURT
BECKER, Circuit Judge.
This appeal, set in the context of the recent crisis in the savings and loan industry, presents the important question whether and for how long a federal district court must grant a receiver of an insured depository institution a stay after its appointment, under the stay provision of the the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”), 12 U.S.C.A. § 1821(d)(12)(A)(ii) (West 1989). The district courts are sharply divided on the issue, and the only court of appeals to consider the provision did so only tangentially.
Be…
2Cases cited42 opinions
- Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Mitchell v. ForsythSupreme Court of the United States · 1985
- Colorado River Water Conservation District v. United StatesSupreme Court of the United States · 1976
- Roe v. WadeSupreme Court of the United States · 1973
37 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Schrob v. CattersonCourt of Appeals for the Third Circuit · 1992
- Praxis Properties, Inc. And Praxis Properties, Inc. For the State of New Jersey v. Colonial Savings Bank, S.L.A. The Resolution Trust Corporation, Colonial Federal Savings Bank v. Dynamic Industries Company, Inc. Angelo M. Gregos Nicholas Poulous and Sharp Construction Company, Inc. Resolution Trust Corporation, as Receiver of Colonial Federal Savings AssociationCourt of Appeals for the Third Circuit · 1991
- Carney v. Resolution Trust Corp.Court of Appeals for the Fifth Circuit · 1994
- Resolution Trust Corp. v. ConnerDistrict Court, W.D. Oklahoma · 1993
- All Season's Kitchen, Inc. v. Federal Deposit Insurance (In Re All Season's Kitchen, Inc.)United States Bankruptcy Court, D. Vermont · 1992
12 more not listed; retrieve them via the Exa API.