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PHILBIN v. FDIC

147 Misc.2d 70 (1989)

Gerald Philbin, Plaintiff, v. Federal Deposit Insurance Corporation, as Receiver of Central National Bank of New York, Defendant. (Action No. 1.) Federal Deposit Insurance Corporation, as Receiver of Central National Bank of New York, Plaintiff, v. Gerald Philbin, Defendant. (Action No. 2.)

Supreme Court, Suffolk County.

December 21, 1989

Attorney(s) appearing for the Case

Jack F. Scherer for Gerald Philbin. Richard Printz and Marc E. Wieman for Federal Deposit Insurance Corporation.

JOHN COPERTINO, J.

Gerald Philbin, plaintiff in action No. 1 and defendant in action No. 2, has moved to vacate a judgment entered against him on May 12, 1989, and an order dated February 27, 1989, "which allows the FDIC [Federal Deposit Insurance Corporation] to recover against Gerald Philbin the total sum of $252,057.86."

The FDIC, defendant in action No. 1 and plaintiff in action No. 2, has cross...

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