Legal Opinion
Village of Oakwood v. State Bank and Trust Co.
District Court, N.D. Ohio
Decided October 22, 2007No. 3:07CV1736PublishedCited by 5 opinions
1Opinion of the Court
ORDER
JAMES G. CARR, Chief Judge.
This is a suit by former depositors (the uninsured depositors) of the Oakwood Deposit Bank Company (Oakwood Bank), a depository institution for which third party defendant the Federal Deposit Insurance Corporation (FDIC or the Corporation) served as receiver. In its capacity as receiver, the FDIC transferred certain assets from Oakwood Bank to the defendant State Bank and Trust Company (State Bank) via a purchase and assumption agreement (P & A agreement). 1
Under the P & A agreement, State Bank assumed the FDIC’s insured deposit liabilities (liabilities that…
2Cases cited29 opinions
- Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
- Welco Industries, Inc. v. Applied CompaniesOhio Supreme Court · 1993
- Clyde C. Freeman and Nancy F. Freeman v. Federal Deposit Insurance Corporation, as Receiver for Madison National BankCourt of Appeals for the D.C. Circuit · 1995
- Federal Deposit Insurance Corporation v. Citizens Bank & Trust Company of Park Ridge, IllinoisCourt of Appeals for the Seventh Circuit · 1979
- Charlotte Bueford v. Resolution Trust Corporation, as Receiver for United Federal Savings Bank of IowaCourt of Appeals for the Eighth Circuit · 1993
24 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Aber-Shukofsky v. JPMorgan Chase & Co.District Court, E.D. New York · 2010
- Schettler v. RALRON CAPITAL CORPORATIONNevada Supreme Court · 2012
- Bank of Am. v. MachoOhio Court of Appeals · 2011
- Shirk v. JPmorgan Chase Bank, N.A. (In Re Shirk)United States Bankruptcy Court, S.D. Ohio · 2010
- Deutsche Bank National Trust Company, as Trustee for the Trusts v. Federal Deposit Insurance CorporationDistrict Court, District of Columbia · 2015