Federal Deposit Insurance v. Hyer
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Margett, J.
The instant case is one more of a series of lawsuits related to the October, 1974 insolvency of the Franklin National Bank.1 The principal question raised on appeal is whether the *523Federal Deposit Insurance Corporation (F.D.I.C.) is entitled to summary judgment in this action to collect on a note which was, by its terms, due and payable more than four years ago. Special Term denied the F.D.I.C.’s motion for summary jdugment. We hold that the motion should have been granted.
Following the demise of the Franklin National Bank in 1974, the F.D.I.C. was duly appointed…
2Cases cited15 opinions
- Rose v. Spa Realty AssociatesNew York Court of Appeals · 1977
- National Citizens' Bank v. . ToplitzNew York Court of Appeals · 1904
- In Re Franklin Nat. Bank Securities LitigationDistrict Court, E.D. New York · 1978
- Parmelee v. . ThompsonNew York Court of Appeals · 1871
- In Re the Liquidation of Franklin National BankDistrict Court, E.D. New York · 1974
10 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Tierney v. Capricorn InvestorsAppellate Division of the Supreme Court of the State of New York · 1993
- Granite Partners, L.P. v. Bear, Stearns & Co.District Court, S.D. New York · 1999
- Wasserstrom v. Interstate Litho Corp.Appellate Division of the Supreme Court of the State of New York · 1985
- Taylor v. Blaylock & Partners, L.P.Appellate Division of the Supreme Court of the State of New York · 1997
- Young v. SecklerAppellate Division of the Supreme Court of the State of New York · 1980
18 more not listed; retrieve them via the Exa API.