Legal Opinion

Bank of New England — Old Colony, N.A. v. Clark

District Court, D. Rhode Island

Decided June 15, 1992No. Civ. A. 91-408LPublishedCited by 5 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

LAGUEUX, District Judge.

I. INTRODUCTION

This case presents a thought-provoking issue arising out of an apparent conflict between the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (“FIRREA”), 12 U.S.C. § 1819 (1988 & Supp. I 1989), and the principles of comity and abstention embodied in the Tax Injunction Act of 1937, 28 U.S.C. § 1341 (1988). Plaintiffs are the Bank of New England— Old Colony, N.A. (“BNE”) and its receiver, the Federal Deposit Insurance Corporation (“FDIC”). Defendant is R. Gary Clark, Rhode Island’s Tax Administrator. Plaintiffs claim…

2Cases cited24 opinions

  1. Younger v. HarrisSupreme Court of the United States · 1971
  2. Middlesex County Ethics Committee v. Garden State Bar Ass'nSupreme Court of the United States · 1982
  3. Hicks v. MirandaSupreme Court of the United States · 1975
  4. Hawaii Housing Authority v. MidkiffSupreme Court of the United States · 1984
  5. Moe v. Confederated Salish & Kootenai Tribes of the Flathead ReservationSupreme Court of the United States · 1976

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3Cited by5 opinions

  1. Bank of New England Old Colony, N.A. v. R. Gary Clark, Tax Administrator, for the State of Rhode IslandCourt of Appeals for the First Circuit · 1993
  2. United Taconite, L.L.C. v. Minnesota, Department of Revenue (In re Eveleth Mines, L.L.C.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2004
  3. Schock v. Federal Deposit InsuranceDistrict Court, D. Rhode Island · 2000
  4. In Re Eveleth Mines, LLCUnited States Bankruptcy Appellate Panel for the Eighth Circuit · 2004
  5. United Taconite v. State of MinnesotaUnited States Bankruptcy Appellate Panel for the Eighth Circuit · 2004

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