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FIRST EMPIRE BANK-N. Y. v. FEDERAL DEPOSIT INS.

No. 79-3166.

634 F.2d 1222 (1980)

FIRST EMPIRE BANK-NEW YORK (by its successor-in-interest Manufacturers & Traders Trust Co. of Buffalo, New York, a New York banking corporation) and Societe Generale, a French banking corporation, Plaintiffs-Appellants, v. FEDERAL DEPOSIT INSURANCE CORPORATION and Federal Deposit Insurance Corporation as Receiver of United States National Bank, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided December 30, 1980.

Attorney(s) appearing for the Case

Don A. Proudfoot, Jr., Los Angeles, Cal., Gary J. Greenberg, Stroock, Stroock & Lavan, New York City, for plaintiffs-appellants.

Charles A. Legge, Bronson, Bronson & McKinnon, San Francisco, Cal., for defendants-appellees.

Before BROWNING, MERRILL and FLETCHER, Circuit Judges.

MERRILL, Circuit Judge:

In an earlier appeal this court dealt with problems presented by the receivership of the United States National Bank of San Diego (USNB) and with actions taken by the Federal Deposit Insurance Corporation (FDIC), both in its corporate capacity as insurer and as receiver of USNB. First Empire Bank-New York v. Federal Deposit Insurance Corp., 572 F.2d 1361 (9th...

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