Legal Opinion
Federal Deposit Ins. Corp. v. Bird
District Court, D. Puerto Rico
Decided June 16, 1981No. Civ. 79-800PublishedCited by 57 opinions
1Opinion of the Court
OPINION AND ORDER
PEREZ-GIMINEZ, District Judge.
This is an action brought by the Federal Deposit Insurance Corporation (FDIC), in its corporate capacity, to enforce rights of action against former directors and officers of Banco Crédito y Ahorro Ponceño (Banco Crédito), and their insurors, which FDIC acquired from the Receiver of Banco Crédito. The Secretary of the Treasury of the Commonwealth of Puerto Rico, upon determining that Banco Crédito was in unsound financial condition and insolvent, ordered the bank closed and appointed FDIC as Receiver on March 31, 1978. Subsequently, FDIC, in its…
2Cases cited29 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
- Clearfield Trust Co. v. United StatesSupreme Court of the United States · 1943
- Guaranty Trust Co. v. United StatesSupreme Court of the United States · 1938
- United States v. Standard Oil Co. Of CaliforniaSupreme Court of the United States · 1947
24 more not listed; retrieve them via the Exa API.
3Cited by57 opinions
- Hecht v. Resolution Trust Corp.Court of Appeals of Maryland · 1994
- Federal Deposit Insurance Corporation v. Marcelino Roldan FonsecaCourt of Appeals for the First Circuit · 1986
- Federal Sav. and Loan Ins. Corp. v. WilliamsDistrict Court, D. Maryland · 1984
- Federal Deposit Insurance Corporation v. P.L.M. International, Inc., Antonio Melendez and Martha MelendezCourt of Appeals for the First Circuit · 1987
- Federal Deposit Insurance Corporation, in Its Corporate Capacity, Plaintiff v. James H. Petersen, Henry Heidtbrink, and Jerry R. DunnCourt of Appeals for the Tenth Circuit · 1985
52 more not listed; retrieve them via the Exa API.