Legal Opinion
Federal Deposit Insurance v. Brown
District Court, S.D. Texas
Decided December 10, 1992No. Civ. A. H-91-2073PublishedCited by 12 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
LAKE, District Judge.
Defendant Isabel Brown Wilson seeks partial summary judgment (Docket Entry No. 92), and the remaining defendants seek judgment on the pleadings (Docket Entry No. 91) because the Texas business judgment rule precludes FDIC from suing defendants for acts or omissions as directors of RepublicBank-Houston (RBH) unless FDIC alleges that defendants’ conduct was fraudulent or ultra vires.
All parties express familiarity with the court’s April 10, 1992, memorandum opinion in Resolution Trust Corporation v. Harry Holmes, Jr., et al., Civil Action No. H-92-0753.…
2Cases cited14 opinions
- Patterson v. ShumateSupreme Court of the United States · 1992
- Burk Royalty Co. v. WallsTexas Supreme Court · 1981
- Fed. Sec. L. Rep. P 98,860 Athalie Doris Joy v. Nelson L. North, Nelson L. NorthCourt of Appeals for the Second Circuit · 1982
- Federal Deposit Insurance Corporation v. Ernst & YoungCourt of Appeals for the Fifth Circuit · 1992
- Meyers v. MoodyCourt of Appeals for the Fifth Circuit · 1982
9 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Resolution Trust Corporation v. Louis A. Miramon, Jr.Court of Appeals for the Fifth Circuit · 1994
- Resolution Trust Corp. v. GallagherCourt of Appeals for the Seventh Circuit · 1993
- Resolution Trust Corporation v. GallagherCourt of Appeals for the Seventh Circuit · 1993
- Resolution Trust Corp. v. ActonDistrict Court, N.D. Texas · 1994
- Bartley v. National Union Fire InsuranceDistrict Court, N.D. Texas · 1992
7 more not listed; retrieve them via the Exa API.