Franklin Federal Savings Bank v. United States
United States Court of Federal Claims
1Opinion of the Court
OPINION
LYDON, Senior Judge.
This is a Winstar-related case. The plaintiffs allege that they entered into a contract with the United States under which Franklin Financial Group, Inc., a thrift holding company, acquired a failing thrift in eastern Tennessee called Morristown Federal Savings & Loan Association. As part of the contract, plaintiffs assert, the Government promised that the new institution, renamed Franklin Federal Savings Bank, could treat the deficit net worth of Morristown Federal Savings & Loan Association as an intangible asset for purposes of calculating the new thrift’s…
2Cases cited46 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- United States v. Winstar Corp.Supreme Court of the United States · 1996
- Hercules, Inc. v. United StatesSupreme Court of the United States · 1996
- Colonel David W. Palmer, II v. United StatesCourt of Appeals for the Federal Circuit · 1999
- McAbee Construction, Inc. v. United StatesCourt of Appeals for the Federal Circuit · 1996
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3Cited by18 opinions
- Arakaki v. United StatesUnited States Court of Federal Claims · 2004
- Franklin Federal Savings Bank v. United StatesUnited States Court of Federal Claims · 2003
- Holland v. United StatesUnited States Court of Federal Claims · 2003
- First Annapolis Bancorp, Inc. v. United StatesUnited States Court of Federal Claims · 2007
- Franklin Federal Savings Bank v. United StatesCourt of Appeals for the Federal Circuit · 2005
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