Legal Opinion
Farnik v. Federal Deposit Insurance
Court of Appeals for the Seventh Circuit
Decided February 5, 2013No. 11-1601PublishedCited by 48 opinions
1Opinion of the Court
WILLIAMS, Circuit Judge.
A group of borrowers sued their lender, Interstate Bank, in state court and alleged that the bank deceived them by failing to base their interest rates on an index rate as promised. After the state shut the lender down, the bank’s successor, MB Financial Bank, sought to be replaced as defendant by the lender’s receiver, the Federal Deposit Insurance Corporation. After the state court granted the substitution request, the FDIC removed the case to federal court and moved to dismiss the complaint due to the borrowers’ failure to state a plausible claim for relief. The…
2Cases cited13 opinions
- Henderson v. ShinsekiSupreme Court of the United States · 2011
- Hart v. FedEx Ground Package System Inc.Court of Appeals for the Seventh Circuit · 2006
- Glover v. Federal Deposit InsuranceCourt of Appeals for the Third Circuit · 2012
- Gloria Alicea-Hernandez v. The Catholic Bishop of Chicago, a Corporation SoleCourt of Appeals for the Seventh Circuit · 2003
- Village of Oakwood v. State Bank and Trust Co.Court of Appeals for the Sixth Circuit · 2008
8 more not listed; retrieve them via the Exa API.
3Cited by48 opinions
- Mains v. Citibank, N.A.Court of Appeals for the Seventh Circuit · 2017
- Acosta-Ramirez v. Banco Popular de Puerto RicoCourt of Appeals for the First Circuit · 2013
- Philip Crosby v. Cooper B-Line, IncorporatedCourt of Appeals for the Seventh Circuit · 2013
- Miller v. Federal Deposit InsuranceCourt of Appeals for the Seventh Circuit · 2013
- Saffer v. JP Morgan Chase Bank, N.A.California Court of Appeal · 2014
43 more not listed; retrieve them via the Exa API.