Legal Opinion
Bauer v. Sweeny
Court of Appeals for the Fourth Circuit
Decided May 4, 1992No. 91-2500PublishedCited by 10 opinions
1Opinion of the Court
*306OPINION
RESTANI, Judge:
This case is before the court following the district court’s dismissal of the action pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure.
The sole issue on appeal is whether the district court correctly concluded that shareholders of a failed savings bank do not have standing to bring a derivative action against former officers and directors because the bank’s claims have been assigned to the Resolution Trust Corporation.1
Background
On April 27, 1989, SeaBank Savings, F.S.B. (“SeaBank”), a federally chartered savings bank located in Myrtle Beach, South…
2Cases cited8 opinions
- Gary Crossland, Cross-Appellants v. Canteen Corporation, Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1983
- Brown v. New York Life Ins. Co.Court of Appeals for the Ninth Circuit · 1945
- Federal Deposit Insurance v. American Bank Trust Shares, Inc.District Court, D. South Carolina · 1978
- James E. Womble v. J.R. Dixon, IIICourt of Appeals for the Fourth Circuit · 1984
- Federal Deposit Insurance v. American Bank Trust Shares, Inc.District Court, D. South Carolina · 1976
3 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- 98 Cal. Daily Op. Serv. 1912, 98 Daily Journal D.A.R. 2691 Stanley Pareto Elbert Bressie Benjamin P. Liu Vilja Annamaria Fritzl John McCullough Edith Fritzl Heidi W. Moore Gottfried Noel Fritzl Wanda Hagan Theodore Hiatt Shih Chi Chow Shirley C. Chow Marilou Atencio Anton Atencio Gregory D. Shields Eleanor M. Shields Estelle Eichenberger Jack Lutzow Moses Noble, Jr. Ernst Meyer Phillip Yee Theodore J. Saenger Gayle I. Saenger Jack Block Tae Ryong Kim Chin Soon Kim Frank J. Schlessinger Raymond Vernazza Marion Gizzi Chester R. Williams Angelo Ferro Linda S. Williams Roger R. Franklin John P. Hurabieli Laverne Pareto John Pareto Muriel P. Burd Chae Woo Lee Hai Ja Lew Antonio Panebianco Cho Young Kugis Gebhardt Kugis Phyllis G. Zerwick John Hartung Arthur Holsten Eleanor Holsten Paul E. Kadden Shirley J. Kadden Thomas Kavanagh Cunningham Arizona, a Partnership v. Federal Deposit Insurance Corporation, as Receiver of Barbary Coast National Bank, Robert Wheeler Dickerson Kearny Paul Oliver Robert ImhoffCourt of Appeals for the Ninth Circuit · 1998
- Branch v. Federal Deposit InsuranceDistrict Court, D. Massachusetts · 1993
- Applied Medical Technologies, Inc. v. EamesUtah Supreme Court · 2002
- Warner v. DMG Color, Inc.Utah Supreme Court · 2000
- In Re Federal Home Loan Mortgage Corporation Derivative LitigationDistrict Court, E.D. Virginia · 2009
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