Legal Opinion
Commercial Law Corp. P.C. v. Federal Deposit Insurance
Court of Appeals for the Sixth Circuit
Decided January 27, 2015No. 14-1399PublishedCited by 4 opinions
1Opinion of the Court
OPINION
COOK, Circuit Judge.
Plaintiff Commercial Law Corporation, P.C. (CLC) sued the Federal Deposit Insurance Corporation (FDIC) in its capacity as receiver for the Detroit-based Home Federal Savings Bank (“the bank”), claiming $176,750 in unpaid attorneys’ fees for legal services rendered to the bank in 2008 and 2009. The district court granted the FDIC’s motion for summary judgment, concluding that 12 U.S.C. §§ 1821(d)(9)(A) and 1823(e)(1) precluded enforcement of plaintiffs unrecorded fee agreement with the bank. These statutes, which impose documentation requirements for bank agreements,…
2Cases cited19 opinions
- Skidmore v. Swift & Co.Supreme Court of the United States · 1944
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
- National Enterprises, Inc. v. Paul SmithCourt of Appeals for the Sixth Circuit · 1997
- Michael W. Benge v. David Johnson, WardenCourt of Appeals for the Sixth Circuit · 2007
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3Cited by4 opinions
- Brandt v. FDIC (In re Equipment Acquisition Resources, Inc.)United States Bankruptcy Court, N.D. Illinois · 2016
- Commercial Law Corp. v. FDICCourt of Appeals for the Sixth Circuit · 2017
- Daly v. Federal Deposit Insurance Corporation, as Receiver for First Republic BankDistrict Court, N.D. California · 2024
- Kurland Group ex rel. Estate of Ramirez v. FNBN I, LLC (In re Ramirez)United States Bankruptcy Court, S.D. New York · 2015