Legal Opinion
Mola Development Corporation v. United States
Court of Appeals for the Federal Circuit
Decided February 25, 2008No. 2007-5058, 2007-5080PublishedCited by 14 opinions
1Opinion of the Court
DYK, Circuit Judge.
This is a Winstar breach of contract case. See United States v. Winstar Corp., 518 U.S. 839, 116 S.Ct. 2432, 135 L.Ed.2d *1373964 (1996). Appellant Mola Development Corporation (“Mola”) owned a controlling interest in Charter Savings Bank (“Charter”). Merit Savings Bank (“Merit”) merged into Charter in 1988. After the enactment of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, Pub.L. No. 101-73, 103 Stat. 183 (1989) (“FIRREA”), the merged institution was seized and liquidated for failure to comply with FIRREA’s regulatory capital requirements.…
2Cases cited19 opinions
- United States v. Winstar Corp.Supreme Court of the United States · 1996
- John R. Sand & Gravel Co. v. United StatesSupreme Court of the United States · 2008
- Winstar Corp. v. United StatesCourt of Appeals for the Federal Circuit · 1995
- Landmark Land Company, Inc. v. Federal Deposit Insurance Corporation v. United States, Defendant-CrossCourt of Appeals for the Federal Circuit · 2001
- Anderson v. United StatesCourt of Appeals for the Federal Circuit · 2003
14 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Stobie Creek Investments, LLC v. United StatesUnited States Court of Federal Claims · 2008
- Fauvergue v. United StatesUnited States Court of Federal Claims · 2009
- First Federal Lincoln Bank v. United StatesCourt of Appeals for the Federal Circuit · 2008
- Stobie Creek Investments, LLC v. United StatesUnited States Court of Federal Claims · 2008
- Gulf Group General Enterprises Co. W.L.L. v. United StatesUnited States Court of Federal Claims · 2011
9 more not listed; retrieve them via the Exa API.