F.D.I.C. v. CORNING SAV. & LOAN ASS'N

No. J-C-87-195.

696 F.Supp. 1245 (1988)

FEDERAL DEPOSIT INSURANCE CORPORATION, in its corporate capacity, Plaintiff, v. CORNING SAVINGS & LOAN ASSOCIATION, Defendant.

United States District Court, E.D. Arkansas, Jonesboro Division.

September 29, 1988.


Attorney(s) appearing for the Case

H. Keith Morrison, Wright, Lindsey & Jennings, Little Rock, Ark., Jeffrey Axelrad, Dina Biblin, and Richard K. Willard, Asst. Atty. Gen., U.S. Dept. of Justice, Washington, D.C., for plaintiff.

H. David Blair, Batesville, Ark., for defendant.


ORDER

ROY, District Judge.

Before the Court is the plaintiff's Motion to Dismiss the Counterclaims on the grounds that the Court lacks subject matter jurisdiction over the counterclaims and the counterclaims fail to state a claim upon which relief can be granted. Defendant has responded, and the matter is ripe for determination.

The plaintiff asserts three major grounds in support of the motion: (1) Absent a waiver of sovereign immunity, this Court...

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