1. Home
  2. Browse Decisions
  3. F.2d
  4. 585 F.2d
  5. 585 F.2d 157 (1978)
 

FEDERAL DEPOSIT INS. CORP. v. ASHLEY

No. 76-2416.

585 F.2d 157 (1978)

FEDERAL DEPOSIT INSURANCE CORPORATION, a corporation organized and existing under the laws of the UNITED STATES of America, Plaintiff-Appellant, v. W. Jerome ASHLEY, James P. Buhai, John Cooley, Richard Jones, Joseph Kristufek, Robert Verhelle and William Verhelle, Defendants-Appellees.

United States Court of Appeals, Sixth Circuit.

Decided October 4, 1978.

Attorney(s) appearing for the Case

Larry E. Powe, Daner, Freeman, McKenzie & Matthews, P.C., Kenneth E. Scherer, Mount Clemens, Mich., for plaintiff-appellant.

Robert G. Russell, Kerr, Wattles & Russell, Detroit, Mich., for Buhai & Jones.

Leonard A. Wilcox, Jr., Eames, Petrillo & Wilcox, Henry J. Mittelstaedt, III, Detroit, Mich., for Kristufek.

Walter J. Murray, Murray & Murray, Southfield, Mich., for Ashley & Cooley.

Richard D. Rohr, George G. Kemsley, Bodman, Longley, Bogle & Dahling, Detroit, Mich., for both Verhelles.

Albert E. Phillips, Phillips, Hartland & Mozley, Atlanta, Ga., James E. Clark, London, Yancey, Clark & Allen, Birmingham, Ala., for amicus Fidelity Deposit Co. of Md.

Before EDWARDS and MERRITT, Circuit Judges, and PECK, Senior Circuit Judge.

JOHN W. PECK, Senior Circuit Judge.

Plaintiff-appellant Federal Deposit Insurance Corporation (FDIC), which had been appointed receiver of Tri-City Bank of Warren, Michigan, filed a complaint in the federal district court against defendants-appellees, who were directors of Tri-City Bank, seeking damages for corporate mismanagement and waste. Appellant FDIC alleged that the district court had jurisdiction pursuant to 12 U.S.C. § 1819. The district court, however...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases