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IN RE BANK OF SAN MARINO

Docket No. B003211.

167 Cal.App.3d 247 (1985)

213 Cal. Rptr. 602

In re BANK OF SAN MARINO in Liquidation. FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff and Respondent, v. BANK OF SAN MARINO, Defendant and Appellant.

Court of Appeals of California, Second District, Division Three.

April 24, 1985.

Attorney(s) appearing for the Case

COUNSEL

Michael Norman Saleman and Harold B. Green for Defendant and Appellant.

Schall, Boudreau & Gore, Gibson E. Pratt, Joyce J. Burrows, Thomas A. Brooks and Kenneth J. Marino for Plaintiff and Respondent.

John K. Van de Kamp, Attorney General, Edmond B. Mamer, Randall P. Borcherding and Raymond B. Jue, Deputy Attorneys General, as Amici Curiae on behalf of Plaintiff and Respondent.

OPINION

LUI, J. —

SUMMARY

In the late afternoon of April 8, 1983, a petition was filed by the respondent Federal Deposit Insurance Corporation (FDIC) seeking to have the superior court approve the sale of certain assets and the transfer of certain liabilities of the appellant Bank of San Marino (Bank) to Trans American National Bank (Trans American). The court directed that the FDIC give telephonic notice to the president...

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