Legal Opinion

Federal Deposit Insurance v. Kerr

District Court, W.D. North Carolina

Decided December 23, 1986No. C-C-85-0074-PPublishedCited by 2 opinions

1Opinion of the Court

ORDER

ROBERT D. POTTER, Chief Judge.

THIS MATTER is before the Court upon various Motions of the parties. The Court heard arguments of counsel on December 16, 1986 at Charlotte, North Carolina.

I. DEFENDANT ALLAN C. WATKINS’ (“WATKINS”) MOTION FOR SUMMARY JUDGMENT ON DERIVATIVE CLAIMS.

Watkins contends that there is no genuine issue of material fact or law that the Plaintiff Federal Deposit Insurance Corporation (“FDIC”) does not and cannot meet the requirement of Fed.R.Civ.P. 23.1, to fairly and adequately represent the interests of Presco or its shareholders. Watkins has filed a thorough…

2Cases cited20 opinions

  1. Foman v. DavisSupreme Court of the United States · 1962
  2. Zenith Radio Corp. v. Hazeltine Research, Inc.Supreme Court of the United States · 1971
  3. Johnson v. Oroweat Foods Co.Court of Appeals for the Fourth Circuit · 1986
  4. Jimmy P. Davis, as of the Estate of Dallas D. Hardy, Jr., Deceased v. Piper Aircraft CorporationCourt of Appeals for the Fourth Circuit · 1980
  5. Fed. Sec. L. Rep. P 94,405 Joe L. Smallwood v. Pearl Brewing Company, Southdown, Inc., Zapata Norness, Inc., Albert J. Rangeand D. Doyle MizeCourt of Appeals for the Fifth Circuit · 1974

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3Cited by2 opinions

  1. Wenzel v. MathiesCourt of Appeals of Minnesota · 1996
  2. Nadler v. BaeSuperior Court of Guam · 2019

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