Legal Opinion

Golden Pacific Bancorp v. Federal Deposit Insurance

Court of Appeals for the Second Circuit

Decided July 14, 2004No. Docket No. 03-6194PublishedCited by 2 opinions

1Opinion of the Court

MARRERO, District Judge.

This -lawsuit arises from the Federal Deposit Insurance Corporation’s (“FDIC”) June 1985 liquidation of the Golden Pacific National Bank (the “Bank”), which was based in Manhattan’s Chinatown neighborhood. The Bank’s holding company, plaintiff Golden Pacific Bancorp (“Bancorp”), alleges that the FDIC- should never have liquidated,the Bank in the first place, and, to make matters worse, that the FDIC chose fhe most expensive liquidation method possible. Bancorp further alleges that the FDIC wastefully charged certain expenses to the receivership estate, and that, when…

2Cases cited25 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
  4. Lujan v. Defenders of WildlifeSupreme Court of the United States · 1992
  5. Golden Pacific Bancorp, Plaintiff-Counter-Defendant-Appellant v. Federal Deposit Insurance Corporation Defendant-Counter-Claimant-AppelleeCourt of Appeals for the Second Circuit · 2001

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3Cited by2 opinions

  1. Golden Pacific Bancorp v. Federal Deposit Insurance CorporationCourt of Appeals for the Second Circuit · 2004
  2. Argentieri v. Town of EvansDistrict Court, W.D. New York · 2024

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