Legal Opinion
Bradford Trust Co. v. Wright
District Court, E.D. New York
Decided February 17, 1976No. 75-C-1611PublishedCited by 5 opinions
1Opinion of the Court
JUDD, District Judge.
MEMORANDUM AND ORDER
Plaintiffs have moved for an order pursuant to F.R.Civ.P. 23(c)(1) that this action may be maintained as a class action.
The action is brought to settle the account of the Trustee of the Employee Profit Sharing and Benefit Trust (the Trust) of Franklin National Bank (FNB), to direct the distribution of the trust assets, and for other related relief.
Facts
On October 8, 1974, FNB was declared insolvent by the Comptroller of the Currency of the United States and Federal Deposit Insurance Corporation (FDIC) was appointed its receiver pursuant to statute. 12…
2Cases cited4 opinions
- Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
- American Finance System Inc. v. HarlowDistrict Court, D. Maryland · 1974
- Dixon v. Northwestern National Bank of MinneapolisDistrict Court, D. Minnesota · 1967
- Fagenson v. First-York 86th Street Corp.New York Supreme Court · 1973
3Cited by5 opinions
- Findley v. Blinken (In Re Joint Eastern & Southern District Asbestos Litigation)District Court, S.D. New York · 1991
- Pennsylvania v. Local Union 542, International Union of Operating EngineersDistrict Court, E.D. Pennsylvania · 1978
- Cutler v. 65 Security PlanDistrict Court, E.D. New York · 1993
- Broadhollow Funding Corp. v. Fitzmaurice (In Re Broadhollow Funding Corp.)United States Bankruptcy Court, E.D. New York · 1986
- Com. of Pa. v. LOCAL U. 542, INTERN. U.District Court, E.D. Pennsylvania · 1978