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BULASKY v. FEDERAL DEPOSIT INSURANCE CORPORATION

No. 23985.

442 F.2d 341 (1971)

Louis BULASKY, Appellant, v. FEDERAL DEPOSIT INSURANCE CORPORATION as Receiver of San Francisco National Bank, Appellee.

United States Court of Appeals, Ninth Circuit.

May 11, 1971.

Attorney(s) appearing for the Case

Charles O. Morgan (argued), of Morgan & Moscone, San Francisco, Cal., for appellant.

Frederick Fields (argued), Charles A. Legge, of Bronson, Bronson & McKinnon, San Francisco, Cal., S. Rex Lewis and Leslie H. Fisher, Washington, D. C., for appellee.

Before ELY, WRIGHT and TRASK, Circuit Judges.

ELY, Circuit Judge:

The appellant Bulasky is one of three owners of a partnership which operated under two fictitious names and which maintained two bank accounts under the two fictitious names with the San Francisco National Bank. The bank was declared insolvent, and the Federal Deposit Insurance Corporation (FDIC) was appointed the bank's Receiver. As insurer of the bank's deposits, FDIC paid the three owners $10,000, leaving the partnership as a general creditor...

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