Legal Opinion
In Re Franklin National Bank Securities Litigation
District Court, E.D. New York
Decided August 17, 1979No. MDL 196(JBW)PublishedCited by 22 opinions
1Opinion of the Court
MEMORANDUM
WEINSTEIN, District Judge:
The United States moves for summary judgment against all the third party claims which allege that the regulation of Franklin National Bank (FNB) by the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC),.the Federal Reserve Bank (FRB) and the Federal Reserve Bank of New York (FRBNY) makes the United States liable for some of the losses arising from the decline and ultimate demise of FNB. Despite the cogent arguments in favor of this motion, pragmatic considerations, arising from the complex posture of this…
2Cases cited64 opinions
- Dalehite v. United StatesSupreme Court of the United States · 1953
- United States v. Philadelphia National BankSupreme Court of the United States · 1963
- Glanzer v. . ShepardNew York Court of Appeals · 1922
- United States v. Yellow Cab Co.Supreme Court of the United States · 1951
- Weiss v. FoteNew York Court of Appeals · 1960
59 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- Federal Sav. and Loan Ins. Corp. v. WilliamsDistrict Court, D. Maryland · 1984
- Chavers v. Fleet Bank (RI), N.A.Supreme Court of Rhode Island · 2004
- Federal Deposit Insurance v. BerryDistrict Court, E.D. Tennessee · 1987
- Federal Sav. and Loan Ins. Corp. v. LockeDistrict Court, W.D. Texas · 1989
- Franklin National Bank Securities Litigation v. Ernst & ErnstDistrict Court, E.D. New York · 1981
17 more not listed; retrieve them via the Exa API.